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Can a person break a contract between two people on a house and sell it to someone else?
Wiki User
∙ 9y ago
Yes, in some cases. It depends on where you are in the process, and what else is going on. If you can find any loophole in the wording of the contract, you can withdraw at or before closing. In one case I heard of, a seller backed out because he wanted a cash payment and he refused to accept a cashier's check as an equivalent. But if the loan has cleared and the buyer's name is recorded, it officially belongs to the buyer, and realistically, if that was something you wanted to do, you shouldn't have accepted the buyer's offer in the first place. Buyers put money into the process, getting a home inspection, etc., and pulling out at the last minute is kind of a mean thing to do.
Wiki User
∙ 9y ago
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What is difference between sub-contractor and supplier?
Supplier - someone whose business is to supply a particular service or commodity. Contractor - A person or company that undertakes a contract to perform a service or do a job. Similar, yet different
When will a contract be void?
A legal contract should be void if one person fails to meet obligations of the contract. A lawyer can assist with any advice or actions. The final determination of the contract is determined by a judge.
Who is the only person authorized to make contract modifications?
Contracting Officer
What a freelance worker?
this person has no boss and works under contract by whomever hired him/her.
Which answer best describes an independent person who works for both the buyer and the seller between the date the purchase contract is signed and the date the closing takes place?
escrow officer, lender, real estate agent
Can someone be added to another person's mobile contract?
No, you cannot add a person.
If one person changes the terms of a contract does that vacate the contract?
One person cannot change a contract until all people who are in on the contract agree to it.
What is an affiance?
An affiancer is a person who makes a contract of marriage between two people.
What difference between indemnity and contract and contract of guarantee?
A contract of guaranty is a collateral undertaking, and presupposes an original contract; while a contract of indemnity is original and independent. In a contract of indemnity, the undertaking is to make good and save harmless the person, with whom the contract is made, upon an obligation of such person to a third person; while, in a contract of guaranty, the obligation is to answer for the debt, default, or miscarriage of another to the person with whom the contract is made.
If someone gave you 50.000 pounds three years ago and now wants it back where do you stand legally?
If there was no contract made between you and the person that gave you 50,000 pounds or, they cosigned for you then legally you do not have to pay the money back. Giving someone anything is a gift and not meant to be paid back. 'Loaning' is just what is says and if the person loaned you the money and no contract has been made up between the two of you they trusted that you pay it back and you should.
What is a 2 way contract?
It is a contract between two entities. The most common is when a person buys goods or services. There is no limit to the number of parties in a contract, but the contract gets more complex the more people involved.
A person signed a contract on behalf of someone who did not have authority to do so?
That is illegal if the person did not have consent to sign on the person's behalf. That is considered forgery and can be prosecuted as such.
A contract is a single promise made by one person to another enforceable?
A contract needs to show the exchange between parties. One person will do work in exchange for money, for example. If the contract merely said that one person will do work, but it makes no mention of what the other person must provide, the contract is probably not valid and not enforceable.
What causes misrepresentation?
When a person makes a false statement with the intention of misleading someone into forming a contract
What is the correct spelling of the plural of someone?
There is no plural form of the indefinite pronoun someone, a word for one person. The plural indefinite pronoun 'everyone' is a word for all of the people, but there is no indefinite pronoun for in between one person and all of the people.
House is rented with an option to buy what are the girlfriends rights?
A friend has no legal rights as related to a rental contract and the option. If a person or multiple people are on a contract then their rights are largely detailed in the contract. If someone is dating someone else there is no extension of the rights. If the two people were to marry then the situation could change slightly as the rights of one might become co-mingled or otherwise considered joint property. If you really want a legal definition find a lawyer in the specific state and expect they will want to review the contract. If you are just trying to make sure that both the person on the contract and the girlfriend both have a stake in the property sign a new contract with the landlord, agree an addendum or exercise the option and put the property in both names.
What are the differences between a contract and agreement?
Nothing. An agreement is to agree and a contract is too agree too. ( unless the person tells you not to read it then they are tricking you )
