Legal Question in Business Law in Florida
Do you have to sell an item even if you have signed a purchase agreement but have not received any earnest money down and the buyer changes the agreed price that you wrote on the document and signed and sent to him electronically?
Asked on 8/30/10, 6:17 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
Any attorney will say if a deposit was required and not paid, a contract was not formed. The buyer changing the price is most likely a counter-offer that you can accept or reject. Consult with an attorney in your area for specifics.
Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise
Franchise Attorney
Answered on 9/05/10, 9:48 am
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