Legal Question in Real Estate Law in New York

if a buyer didn't meet the dead lines to get approved until after the closing date can the seller back out of the contract in new York. Also never asked for a extension on the contract


Asked on 12/06/13, 5:08 pm

1 Answer from Attorneys
Kevin Connolly Kevin J. Connolly

Subject to the performance of the required rituals on the Law Day, seller keeps the down payment and the property. Seller will also be sued for specific performance unless seller brought an action to expunge the vendee's lien. You need real legal advice.

Read more
Answered on 12/07/13, 1:52 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in New York