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Specific Performance Rulings involving Real Estate Sales Contracts

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C

csparacino

Guest
State/County: Pennsylvania/Montgomery County
With regards to "Specific Performance" suits involving real estate contracts, what is the likelihood (case precedence)of a Court ruling requiring an elderly senior citizen (the seller), suffering from major, degenerative health conditions, to sell against their desires? My father (age 75) entered into a real estate sales contract to sell his primary 40-year residence and now feels that he's physically unable to go thru with the sale based upon degenerating health conditions. The prospective buyer (a developer) refuses to give a release, even when offered first option to buy in the future and reimbursement of any incurred expenses. My father has a medical history of in-operative, progressive heart disease (currently functions at 20% heart capacity); is currently involved in a cardiac rehabilitation program; and, was "recently diagnosed" with a lung infection that will take up to a year to clear-up and an inoperative Kidney Cyst. Any advice(good or bad)regarding this matter would be greatly appreciated. Thank you. Respectfully, Cindy e-mail: [email protected]

PS: We're also very interested in any legal representation referrals you may have for a ligation lawyer that has working experience in "Specific Performance" cases involving Real Estate contracts.
 


HomeGuru

Senior Member
Why not negotiate and have the developer do a sale leaseback or create a life estate whereby whatever method of sale occurs, it does not physically affect your father. Your father would continue to live on the property as usual as if nothing ever happened and no slae took place.
 

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