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If you signed a Smart Buy contract with a dealer and now they are tell you they want more money down can you make them honor the contract?
Wiki User
∙ 8y ago
It depends. Was the deal "subject to" financial approval? If so, then they can change the deal. If not, they can't.
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Wiki User
∙ 8y ago
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Must a loan company that bought a car dealer's contract on a vehicle honor the terms on that contract that was signed by the buyer of the car if no new contract was made between the new lien holder?
most definatly, and don't let the new company tell you otherwise.
Can a realtor honor a second contract over the first if the first already signed the contract with realtor to purchase?
Generally, no. The realtor must honor the terms of the first contract. A legally binding contract is enforceable in court.
How long do i have to cancel a contract in new York state?
On the purchase of a vehicle you cannot cancel the contract as the Cooling Off Period or Buyers Remorse law does not apply to the purchase of a vehicle. You signed the contract and are legally bound to honor it.
Can a car dealership cancel a purchase?
A car dealership can cancel a purchase if they haven't received the right amount of money to honor the contract. Otherwise, they can't cancel a contract that has already been signed.
Can a car salesman not honor a signed finance agreement?
The following represent the few situations in which a car salesman may choose not to honor a signed finance contract: * Customer provided false or misleading information in order to acquire the loan (therefore, the car salesman may cancel the contract) * Car salesman provided false or misleading information to the customer (therefore, the car salesman's manager may cancel the contract)
If the person writing a contract fails to give the other person a copy of the contract after they both sign it does the other person have to honor the contract?
Yes. But, they do have the right to possess a copy. However, they also have the obligation to ASK for one. Yes, once the contract papers are signed you are bound by it.
When a business incorporates is the company legally bound to honor previous contracts it made when it wasnt a corporation?
If the company was not incorporated when the document was created, the company must have been a partnership or a sole-proprietorship. Whoever signed the contract is legally bound by the contract. If a partner signed, the partnership is legally bound. If a person signed, that person is legally bound.
Do you have to honor a contract that a company you bought has?
The law forbids any business from ignoring signed contracts without a proper legal reason or dissolving the document. Your companies can face a poor reputation in the industry and lawsuits when a contract is not honored.ÊÊ
You are renting a house and owner signed a contract stating she would sell and owner finance the house after one year. She will not honor the contract. What can you do?
Read your contract. Any legal recourse you may have must be recited in the contract. If you're not sure then you should have the contract reviewed by an attorney who specializes in real estate law. You may be able to force the sale or sue for breach of contract.
Can you ask for copies of your papers you signed without finalizing the sell. if you signed papers showing a hand written selling price and you cancel can you receive copies of the papers from dealer?
A dealer can give you copies of anything you want except your credit report. If they say the offer is only good right now and then you come back with your copies they do not have to honor it.
Can a car dealer ask for more money a week later due to their mistake and for us to sign a new contract after we paid in full with a check that they cashed the next day?
Sure the dealer can ask for more money and you can refuse. Tell them a deal is a deal, and you expect them to honor the contract they signed. You payed them and hopefully you are in possession of the car. If so, I see nothing they can do, until you come back for service. Then they may try to recoup their loss. So be aware of that. If they made an honest mistake and it is very little money I would make it right if it were me. But legally I think you do not have to. Your decision.
Is a business liable to honor a contract if it is no longer in business?
yea
