The following is from TMZ.com:
Linda and Hulk Hogan have been battling over a Vegas condo she wants and he doesn’t. Now, they both lose.
Before Linda filed for divorce, they plunked down $840,000 as a downpayment on a $4.2 million condo. When she filed, Hulk wanted out of the deal but Linda wanted to seal it.
The divorce judge sided with Hulk, but we’re told the seller will only return around $200,000. The rest is being kept as a penalty for not closing — it’s called liquidated damages.
We’re not sure if the Hogans will fight to get some of the forfeited money back. We’re hearing Linda and Hulk each wants the other to absorb any loss.
Bottom line — the lawyer’s, as always, are gonna win.