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Can you break a real estate contract before closing for no reason?
Wiki User
∙ 15y ago
If the contract is well written the answer is NO. That's the purpose of a contract. You would lose your deposit and possibly more.
Wiki User
∙ 15y ago
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How is property cemetery lots not sold before the closing of an estate handled What if the estate was in a trust?
Sorry you question(s there appear to be two) is not stated in a way that is clear enough to understand what you are asking. For this reason we can not provide you with an answer.
Can you cancel the contract after closing on a house?
If a buyer is allowed to get out of a home purchase after a closing, it will state that in the contract. Discovering a shocking defect with the property that was not disclosed can potentially get the buyer out of the contract after the closing.
Can the administrator of an estate in Texas enter into any kind of lease contract or sale any property before or during the probate of a will?
That's sort of the reason for having an executor, so that they can settle the estate. And that may involve renting property or selling it. They are accountable to the court for their actions.
A reason why the gender gap is closing might be?
that more women work outside the home than before
Can you proceed if one sibling doesnt agree to sign the sale contract?
Everyone on the deed/title needs to sign at closing, so it will be necessary to get their agreement to the sale. Unfortunately, one person can hold up the sale. This is a really good reason to not put multiple names on a title, but rather to make the home part of an estate.
Does the administrator of an estate have to pay the heirs their money all at once or can he pay the heirs annually?
The administrator must close out the estate and distribute the remaining assets to the beneficiaries. If there are testamentary reasons to delay the distribution, such as valuation issues, waiting on liquidation of assets, finding heirs or resolving liabilities, distributions can be made prior to the ending of the estate. But their must be a reason to delay closing the estate.
Does a sunset clause in real estate relate to time of buyers and sellers solicitors notification of sale or time real estate agent notifies buyer and seller of a second contract placed on property in?
I guess it depends on what the sunset clause actually stipulates, but I found this definition on Answers.com:http://www.answers.com/library/Real%20Estate%20Dictionary-cid-10085881 Sunset ClauseA provision in a sales contract that sets a date after which the agreement is no longer in effect.Example: Since the housing market was strong and the Andersons were attracting a number of prospective buyers for their house, they insisted on a sunset clause in the contract. This provision would allow them to offer the house to another buyer should the closing be delayed for any reason.
Can a girlfriend contest a will in indiana?
I think she would first have to prove that she has a more established relationship than "girlfriend" to have any legal standing as an heir. She would then have to prove that the will was invalid for some reason (simply disagreeing with the distribution of the estate as specified by the will is not sufficient). If she has a contract or a claim as a creditor against the estate, she may be able to assert that claim against a part of the assets of the estate without necessarily contesting the terms of the will itself. Also, if she has a contract with the deceased that is contrary to the terms of the will, then she may be able to contest the will.
What happens in a real estate contigency if the buyer has not agreed in writing to a new closing date?
It is usually the buyer who holds the contingency (not to buy for some reason), so it would be up to the buyer and seller to agree on a closing date when all of the contingencies expire. Or they can agree to split the deposit and go their separate ways. The seller often keeps the entire deposit unless there is a cloud on title or other reason the property was not in condition to be sold.
How would you write a letter announcing bad weather closing due to inclement weather?
An announcement of closing due to inclement weather will just need to be concise and include the date of closing, the location of facility closing, and the reason.
Why you didn't renew your contract?
One reason to not renew a contract is if the rates or terms change.
What is unenforceable contract?
Invalid for some legal reason
