Cancel A Purchase Agreement

Q: Can I cancel a purchase agreement if the buyers have not removed the contigencies?

A: The answer is in the purchase agreement you both signed. Some contingencies automatically remove themselves (or expire) after a certain amount of time (‘x’ days form signing the original agreement) – some call for the contingency to be removed in writing. Check to see what you agreed on. This is exactly why you review all the terms & conditions, rewarding & understanding each clause, prior to signing.

Related posts:

  1. Seller Won’t Reduce Price
  2. Purchase Contract Legally Binding ?
  3. Agent Writing Purchase Agreement For Wrong Price

Real Estate Questions By : Richard Landuyt


Richard J. Landuyt - Real Estate One - 21250 Hall Road - Clinton Township Michigan - 48038 - (313) 407-9654