Can a Real Estate Contract Be Broken?


A real estate contract is usually between the intended buyer and the seller (real estate Company) and it usually involves the client committing to pay money for their services. In the event that the doesn't commit in writing to pay, then there will not be any contract breach because the company will look for another buyer but if a client commits in writing to pay and fails to pay, then a contract is breached.
Q&A Related to "Can a Real Estate Contract Be Broken?"
Contact the buyers or their real estate agent, in writing. Explain that circumstances have changed, and that you no longer wish to sell; promise to return the buyer's earnest money
1 Talk to your agent or broker and explain why you want to get out of the contract. Discuss whether you want to break the contract with an agent because you have decided not to sell
All investors, from beginners to seasoned veterans, can benefit from joining a real estate investment club. Here are the five reasons you should consider joining a real estate investment
You must read your contract for your answer.
1 Additional Answer Answer for: can a real estate contract be broken
Can a Real Estate Contract Be Broken?
A real estate contract is a legal document and can't be broken without cause under penalty of law. To legally escape from a real estate contract an individual must be able to exhibit a justifiable reason to cancel the deal.... More »
Difficulty: Easy
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