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In this video, Chrissy Goodrum, a compliance broker and realtor, discusses post-occupancy settlement agreements, also known as rent backs, with attorney Karen Daly from Echo Title. They highlight a common issue where sellers find it challenging to reclaim their security deposits from the title company after the buyer moves in without reporting any problems. Goodrum emphasizes the changes in contracts in Northern Virginia that aim to facilitate this process. Daly provides insights and solutions to ensure sellers can successfully retrieve their deposits and shares related experiences from past transactions, aiming to clarify the complexities surrounding these agreements.
