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#1
12-08-2006, 10:57 AM
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Can seller back out?What is the name of your state? PA If the closing is not done by the date set in the contract, can the seller back out? |
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#2
12-08-2006, 10:59 AM
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| Q: If the closing is not done by the date set in the contract, can the seller back out? A: The general answer is yes, if the seller did not cause the breach of contract.
__________________ There are two rules for success: (1) Never tell everything you know. |
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#3
12-08-2006, 02:03 PM
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| Read paragraph 5 of the PAR sales agreement. Time is of the essence. If the settlement date is past and the date of settlement has not been extended by an addendum signed by both the buyer and seller, than the agreement is null and void.
__________________ If you're lucky enough to be Irish, you're lucky enough! |
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