If you are the seller you can try to work with the buyer to remedy the situation. If nothing can be worked out you could offer to pay for the moving costs and get them to sign the home back over to you or you could forecolse.
If you are the purchaser in this situation, you could call the seller and see what it will take to get out of the contract. You could also sell the property and pay off the land contract.
Read the contract. It generally contains a termination clause specifying how and under what circumstances it can/will be terminated.
Before you regret it in the future, you should talk the issue about the manager of the agency, and it will depend on your agreement on what would be the right thing to do on how and when you can terminate his contract.
You would execute the inspection contingency clause in the contract that permits you to terminate the contract and reclaim your deposit after the inspection turns up material defects that you will not accept. Additional comment: That's why it is important to consult an attorney BEFORE you sign a P & S Agreement.
If you are involved in a legally drawn and binding land lease contract, you cannot terminate it except by mutual consent of both you and the person to whom you granted the lease.
The terms set forth in a compromising agreement are set when an employer wants to terminate a contract of an employee or contractor or a resolution in a dispute has come forth. It would be the final agreement which was made.
all contracts are agreement but all agreements are not contract
A land contract is a contract between seller and buyer of property. A contract is only made when an agreement between seller and buyer has been reached. The seller becomes the land owner only when the full payment has been made.
No.
The correct statement about contract is that a contract is an agreement between a buyer and a seller. A contract can be a written or oral agreement.
A land grant contract is an agreement between a buyer and seller to purchase real estate. The contract will specify terms and conditions and sometimes involve owner financing.
Terminate means to end the contract at a specific point. To annul a contract means to act as if it never existed. The courts would annul any illegal contracts.
Call them and terminate your agreement with them.
Yes, of course, you can.