0
Is there a penalty for backing out of a signed agreement to purchase a house?
Wiki User
∙ 16y ago
Better check the fine print but I'm betting there is. If you put any money up front, you can bet that it is gone and, it may depend on what state you live in. You might want to talk to the real estate agent (or one who has nothing to do with the deal) to make sure you don't need a lawyer.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Can a purchase agreement be signed first by the seller ....Is this binding?
Yes, a seller can sign the agreement first, but it is not binding until all parties have signed and the signed copies have been delivered.
What is uaf paid items penalty?
It is Suntrusts way of squeezing every unfair penny out of you that they can. And you signed the agreement allowing them to do so. It is Suntrusts way of squeezing every unfair penny out of you that they can. And you signed the agreement allowing them to do so.
Can buyer back out of purchase agreement after home inspection shows major deficiencies?
You need to review the terms of the contract you signed and confer with the professional who reviewed it with you at the time of your signing.
What can you do if a house is purchased with a fixed rate loan and the mortgage is reassigned to another lender and that lender changes the loan to an ARM?
First of all, you signed an agreement with a fixed rate, and just because it was sold does not mean they have the right to change the mortgage agreement. If you signed a new mortgage agreement stating the new agreement then you are liable for that, but you can call your mortgage company and tell them you have a copy of the agreement you signed and, that you didn't agree to an arm. To sum it up, unless you re-signed a mortgage agreement, they DO NOT have the right to change anything just because they have baught your mortgage from your original mortgagor. Please do not let them run you over. Good luck.
If a contract is changed without the knowledge of the guarantor is it valid?
A contract is valid when there is a meeting of the minds. Once a contract is signed, it cannot be changed unless written as an addendum and signed by all parties concerned. A verbal agreement cannot override a written agreement.
Can you cancel an agreement to purchase anew car after you signed but not drive it yet?
Not all agreements are the same, so you have to read your agreement. Some agreements specify a penalty for cancellation, others don't. If your agreement has no such clause, then you are free to cancel.
Can you cancel an agreement to purchase a new car?
If you have not signed a purchase agreement, yes. If you have signed, ask the dealer if you can back out. If the car has already been put in your name or you have driven it home, it is yours.
Can a purchase agreement be signed first by the seller ....Is this binding?
Yes, a seller can sign the agreement first, but it is not binding until all parties have signed and the signed copies have been delivered.
What is uaf paid items penalty?
It is Suntrusts way of squeezing every unfair penny out of you that they can. And you signed the agreement allowing them to do so. It is Suntrusts way of squeezing every unfair penny out of you that they can. And you signed the agreement allowing them to do so.
How binding is a purchase agreement?
Contracts are legally binding on both parties to them.
If you paid down on new car and dont have car can you get your money back?
If you did not sign anything, yes. If you have signed some papers, depending on what they are, probably not. If you have signed the agreement to purchase, possibly. Ask the selling dealer to let you out of the agreement to purchase.
Do purchase orders need to be signed?
Yes, purchase orders must be signed because they can be used in a court of law. They are documents that support an agreement between two parties.
Can a math error in a vehicle Purchase agreement signed dealership void the contract?
porn
What legal papers other than the purchase and sale agreement should be signed between 2 or more parties wishing to buy an investment property together?
purchase agreement
Can you cancel a new car purchase if car hasn't arrived?
If you have not signed a contract to purchase the vehicle then yes you can walk away. If however you have signed a purchase agreement, then you had better ask the dealer very nicely if you can get out of the contract.
Can you get out of a contract to purchase a new car if you have signed the documents but have not taken delivery of the vehicle?
No, once you sign the purchase agreement you are legally bound by that.
If the tenant has a purchase agreement with the landlord can the current owner sell the property to someone else?
NOT IF THE LANDLORD IS ONE & THE SAME AS THE CURRENT OWNER & PROVIDED ALL OWNERS' OF SAID PROPERTY SIGNED THE PURCHASE AGREEMENT.
