Question Regarding Open Ended Closing Date
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Question Regarding Open Ended Closing Date
We are presently under contract for the purchase of a home and have been through all inspection. The agreed upon closing date per the purchase agreement is
Asked on October 21, 2019 under Real Estate Law, Minnesota
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
Unfortunately, you cannot force her out earlier than she is willing to go: the seller only has to close and vacate by the date agreed upon the contract of sale, and there is no agreed-upon date.
Arguably, you and she do not even have an enforceable contract: to have a contract, there must be mutual agreement as to all the key or important terms. Closing date is a key or important term for a real estate contract, but there is no agreement as to that date; hence, this might not form an enforceable contract.
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