Quote:
Originally Posted by Rerun
I'm not a lawyer, but I do believe that once they have submitted a signed offer to purchase and you have accepted it, legally they are not allowed to back out unless there is a problem with one of the conditions on their offer (I assume there were conditions).
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Yeah, that's true.
That happened to my drummer. Of course we've all just taken our ethics exams for APEGGA and know that once in the phase of offer and acceptance, once the offer has been accepted, it is legal until a condition is not met.
He bought a house, then the seller said they were entertaining a competing offer. Idiots.