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State real estate laws vary on this point: your realtor or a local attorney can give you the answer you need.
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∙ 10y ago
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Back out of car contract not signed by primary buyer but only by secondairy buyer?
If your question is "can the contract be null and void" if signed only by the primary buyer and not by the co-signer? Depends. If the contract is in both names-yes. If the contract is typed up "only" in the buyer name-no. If the loan is conditioned to both signing, yes.
What if a buyer has secnd thoughts that differ from the co buyer?
Right up until the point when the contract is signed, the buyer can change his or her mind, and what the co-buyer thinks about it is an issue for the two of them to work out. After the contract is signed, it's pretty much too bad for the buyer if he or she has "second thoughts".
Is a contract valid if the buyer informs the seller that they have signed the contract yet the next day the seller tells the buyer that they are no longer accepting the offer?
The contract is not enforceable unless both parties signed it. If the sellers changed their mind and didn't sign then you don't have a contract.
When is a real estate contract valid?
When it has been signed by the buyer and seller.
Is the date of contract the date the seller signed?
The date the Buyer signs it.
What should I expect when I buy my first condo?
The contract and closing process can be intimidating for any first time buyer but it is greatly rewarding. Be sure to find out the condo dues and fees and when they are due.
If you signed a purchase contract stating that the buyer would finance can you cancel the contract if you can't get a loan?
It depends upon the specific terms and conditions of the contract. If the contract simply states it is the buyer's obligation to secure financing, then you can NOTcancel the contract. If the contract states that the agreement is conditional upon the buyer's ability to secure a loan, then you CAN cancel the contract.
Binding contract buyer sign and co-buyer don't sign is the contract void?
If the contract was supposedly made for a co-signer and lead signer then no, it would be non-valid if not signed by both parties.
What are the dangers of selling house on contract?
If a seller and a buyer have already signed a contract, then you have to sell according to the contract. If you want to sell to someone else not on the contract, then you have to get out of the first contract.
If someone agreed to buy a car and the car was being held for them can they change their mind without consequence?
Yes, unless a contract was signed, up until a contract is signed a buyer can back out at anypoint.
Can you change your mind selling a property when a survey has been done?
That depends on whether you have signed a contract with the buyer.
If buyer changes mind on home purchase which does not fall within the contract what remedies does the seller have regarding the signed contract?
The seller is interested in selling the property and not getting into a legal battle over breach of contract. Keep the deposit and move on to the next buyer.
