Legal Question in Real Estate Law in Virginia

I put an offer on a house in Virginia. The owner was out of town, but accepted the offer and a deposit to hold the house until he was back in town. Even though the contract wasn't signed, should he be liable to sell me the house since he took a deposit to hold the home or can he sell it to someone that makes a better offer?

Asked on 1/31/12, 7:39 am

1 Answer from Attorneys

Michael E. Hendrickson Attorney & Counsellor at Law
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No, not if your offer was accepted unconditionally.

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Answered on 1/31/12, 9:21 am

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