QUESTION
I'm selling a piece of land in a trust snd the buyer signed a contingency stating closing on a certain date or they will lose a 5,000.00 deposit.
Asked on Jan 19th, 2021 on Breach of Contract - Florida
More details to this question:
They are wanting to extend the closing a couple of weeks for the second time. Can I cancel the contract and keep the contingency deposit money?
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
Depends on the contract terms. THIS is why you hire a real estate lawyer to handle such transactions, especially with a trust sale.
Answered on Jan 20th, 2021 at 8:05 AM
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