Add new comment

You're correct that in the real world, there would be a temptation to double-cross or attempt to excuse your way out of the vaporish "other" trade mentioned, but not solid.  But, that would be a move that you get to employ precisely once.
Right, but it's not even that you expect them to double-cross you.  It's just a matter of getting everything signed at once.
Why do you put money in escrow on a real estate deal?   A third party transfers the title deed and the funds at the same time.  It's just the right way to do business.
It's not feasible to give him the $$$ on Tuesday and ask him not to forget to transfer the title on Friday.   Why open yourself up to a catastrophe --even if it will probably never occur?  
If Morrow be the key to the Lee deal, why not just sign those papers and hold back the name of the prospect for a week?   There is wayyyyyyy too much at stake, to leave one party's name unsigned at the closing table.