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Real Estate
Reply to "A question for agents and others re the legal position as it pertains to the closing date"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The OPs family member is trying to figure out a way to void the existing contract so that a more favorable back up contract becomes the primary contract. OP has already given bad advice to her family member by using the best efforts clause. Now OP is trying to come up with a way to force the buyers to void the contract. The term is sleazy[/quote] I hope the buyers stick with it, go to closing and anything that hasn't been moved out becomes theirs. [/quote] More likely the buyers will lose their deposit if they don't close on the date in the contract.[/quote] Well, I'm not a lawyer, but in absence of ratified amendment for rent-back - seller should move out before settlement. :roll: [/quote]
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