Legal Question in Real Estate Law in Ohio
Contract Law
Regarding the sale and purchase of a property, please explain any legal principals which would limit the ability to change the terms of the contract once all parties have signed a written agreement.
Asked on 2/19/08, 10:42 pm
1 Answer from Attorneys
Robert Rosplock
Rosplock & Perez
Re: Contract Law
You cannot change the terms of a signed, written agreement without the consent of all parties to the contract unless the contract somehow reserves that right. Such reservation could be contingency, or as to a minor point only. The theory is that the written agreement makes the obligations of all parties clear to the others.
Answered on 2/20/08, 10:34 am
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