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You will have to go over the contract with a fine tooth comb so to speak. It really depends on the terms of the contract, whether money was exchanged already and if both parties agree. But mainly it depends on the contract.
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∙ 17y ago
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Can soldier and Sailors Relief Act terminate a real estate purchase contract as a seller because of PCS order being cancelled in Arizona and how?
Yes, the Soldier and Sailor Relief Act can terminate a real estate purchase contract in Arizona.
What happens when a person dies while selling their house?
If the decedent has signed a binding contract to sell the house, then his or her estate must abide by it and sell the house according to the terms of the contract. The executor has no power to simply cancel the contract nor is the contract automatically cancelled by the death of the seller.
Who excutes a Texas real estate contract?
A real estate contract may be executed by the buyer and seller; trustee; attorney; builder/contractor. Any party to a real estate contract may execute a real estate contract.
Your sister and you share a property without your knowledge she has signed a contract with an estate agent is this valid?
If you are equal owners, the contract can only encumber your sister's half interest. She cannot contract to sell your interest.
How do you cancel contract with real estate agent?
Prove that the Real Estate Agent has not completed his/her duties afforded to you in said contract.
If you have a home loan without mortgage insurance can the lender demand payment from your estate or heirs if you pass away?
Yes. The mortgage note is still a legally binding contract enforceable on the estate.
Can a life estate be cancelled by the grantor in Wisconsin?
Not once it has been granted. The holder of the life estate would have to sign it over.
What would be a real estate example of discharge from contract by agreement?
If both parties agree that they do not want to pursue the contract for the purchase and sale of real estate they can mutually agree to void the contract.
Do you need a real estate attorney if Im selling your own home?
If you are selling your own home, you would be best served by employing a real estate attorney to draw up the sales contract. It can be a very bad idea for both the buyer and seller to execute a contract without legal advice.
Can a life estate be cancelled by the granter in Florida?
No. A life estate must be released by the life tenant unless the grantor reserved the right to revoke it.
Is a Florida real estate contract null and void if the seller dies?
Generally, if an offer was accepted and signed the decedent's real estate is subject to the contract and the estate representative can complete the sale once they have been appointed.
Are you under contract in real estate with no document?
If the parties haven't executed a contract signed by both parties then you are not "under contract".
