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Can i cancel a binding contract in Texas?

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Answered 2008-03-02 17:56:27

If both parties are agreeable, a contract can be canceled. It cannot be canceled by one side if it would result in damages to the other side. The contract is between the two parties. As long as it is not for something illegal, they can adjust the terms as they wish. If this is in regards to the sale of real property or unique goods, chances are pretty low that you can get out of it. As always, talk with a Texas lawyer to determine what your options are.

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