The new president of a company sold a condo in Miami. However, after checking one of the filings of the company, there was an error in the transition of position where the last president did not remove his "president" status, therefore there are two presidents in the filing. Only the new president signed the sale contract. Does this cancel the sale contract of the condo? (Please note, both the new and last president own the company equally and there are no more details on the how the company operate in their constitution).
1 Answer from Attorneys
You have to talk this out with the buyer and figure it out. There is no law which controls this situation. Fix whatever is wrong with the documents for the company, and then make and sign a new contract.