Contracts
Real Estate Sale Agreement
Massachusetts
Can a seller back out of a Real Estate Sale Agreement after signing it?
I recently entered into a Real Estate Sale Agreement with a seller to purchase a property. However, a few days after signing the agreement, the seller expressed their desire to back out of the deal. They claim that they received a better offer from another buyer. I'm wondering if the seller has the right to do this, or if I have any legal recourse to enforce the agreement and proceed with the purchase of the property.
Answers from 2 Lawyers
Answer
Contracts
Massachusetts
Laura H.
ContractsCounsel verified
May 2, 2024
Generally, a real estate contract is binding and enforceable once it is signed. There are sometimes contingencies built in, usually for the buyer's benefit. The best way to find out your specific options is to have a local attorney review the agreement.
Answer
Real Property
Massachusetts
Moss S.
ContractsCounsel verified
It all depends on the contingencies that are contained in the agreement. Some of those contingencies include an inspection, financing, title defects and more. I would have to review the agreement to let you know precisely what rights that you have to terminate the transaction.
189 projects on CC
People Also Asked
Real Estate
Real Estate Sale Agreement
Georgia
Can I back out of a real estate sale agreement if the seller failed to disclose a major defect?
I recently entered into a real estate sale agreement to purchase a house. However, after moving in, I discovered a major structural defect that the seller failed to disclose during the negotiation process. This defect will require significant repairs and affects the safety and value of the property. I want to know if I have grounds to back out of the agreement and seek compensation for the repair costs due to the seller's non-disclosure.
Dan P.
Under general Contract Law, the pre-existing conditions of the property merge into the Deed at the time of conveyance pursuant to the Merger Doctrine. However, exceptions to this rule do exist, particularly under state statues requiring disclosures pertaining to the sale of real property. Consult with a qualified attorney in your state to discuss possible remedies.
Read 1 attorney answer>Real Estate
Real Estate Sale Agreement
Connecticut
Create contract agreement with two parties that will upheld in court of law later if needed
I take my share of 50% profit of the sale of property and move out But Keeping the property under my name for two years other pay all expenses and monthly mortgage and all other financial responsibilities of the property for two yrs and Property sale after two yrs if the other party can’t get pre oprove to buy the property…
Contracts
Settlement Agreement
Massachusetts
Can settlement agreement terms be ambiguous?
I recently entered into a settlement agreement with another party, and I am concerned that some of the language in the agreement may be ambiguous. I am worried that this ambiguity could lead to future misunderstandings or disputes, and I would like to know if there are any legal implications associated with ambiguous terms in a settlement agreement.
Brian W.
In any and all agreements, not just settlement, make sure all ambigious terms are defined. Do not sign something you truly do not understand. Please consult a lawyer to review the settlement agreement for further analysis and legal implications.
Read 1 attorney answer>Contracts
Consulting Agreement
Massachusetts
Can a consulting agreement be terminated without cause?
I have recently entered into a consulting agreement with a company to provide my expertise and services on a project basis. However, I have concerns about the termination clause in the agreement, as it states that the company can terminate the agreement at any time, without cause. This worries me because it leaves me vulnerable to sudden termination without any valid reason, potentially resulting in financial loss and damage to my professional reputation. I would like to understand if such a termination clause is legally enforceable and what options I have to protect my interests in this agreement.
Laura H.
As a general rule, a contract can be terminated without cause if the document says as much. It's a good idea to have your agreement reviewed by a local attorney for more information.
Read 1 attorney answer>Contracts
Membership Agreement
Massachusetts
What are the legal implications of terminating a membership agreement with a fitness club?
I recently signed a membership agreement with a fitness club that included a one-year commitment. However, due to unforeseen circumstances, I am now unable to continue using their facilities. I would like to understand the legal implications and potential consequences of terminating the membership agreement before the one-year term is completed, as well as any potential financial obligations or penalties I may face.
Richard G.
The ramifications of terminating a membership agreement with a fitness club is going to depend highly upon the contract that the club and the club user have executed. The devil is most definitely in the details in any contract. Have your contract reviewed by an attorney with years of experience in contract review/drafting, etc.
Read 1 attorney answer>
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
View Trustpilot ReviewAsk a Question
Massachusetts Contracts lawyers by city
- Boston Contracts Lawyers
- Brockton Contracts Lawyers
- Cambridge Contracts Lawyers
- Lowell Contracts Lawyers
- Lynn Contracts Lawyers
- New Bedford Contracts Lawyers
- Quincy Contracts Lawyers
- Springfield Contracts Lawyers
- Worcester Contracts Lawyers
Contracts Counsel was incredibly helpful and easy to use. I submitted a project for a lawyer's help within a day I had received over 6 proposals from qualified lawyers. I submitted a bid that works best for my business and we went forward with the project.
View Trustpilot Review
I never knew how difficult it was to obtain representation or a lawyer, and ContractsCounsel was EXACTLY the type of service I was hoping for when I was in a pinch. Working with their service was efficient, effective and made me feel in control. Thank you so much and should I ever need attorney services down the road, I'll certainly be a repeat customer.
View Trustpilot Review
I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.
View Trustpilot Review