What to do if we signed an agreement of sale to be on or before the 31st of the nonth but it is now the 30th and we have heard nothing from our buyer’s agent?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
What to do if we signed an agreement of sale to be on or before the 31st of the nonth but it is now the 30th and we have heard nothing from our buyer’s agent?
Asked on May 30, 2012 under Real Estate Law, Pennsylvania
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If this a contract for sale of real estate, with a closing date by the 31st, if the buyer breaches the agreement by not closing the sale by or before the 31st, you would have the option of either treating the agreement as breached and keeping his deposit, or else suing to enforce the agreement (suing for force him to go through with the sale, or to have to pay you the profit you would have realized on the sale).
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.