• Seller Won’t Reduce Price

    Posted Sep 9th, 2010 By Richard Landuyt in Legal With | Comments Off

    Q: In a contract, as purchaser, buying 20 acres and survey comes back as 19.5 acres; if seller won’t reduce price accordingly, then what

    A: Review the terms & conditions of the contract you & they signed. This will ‘shed’ some light on the alternatives. I would think that you & they agreed that you would purchase ‘x’ for a certain price. Since that ‘x’ is not what you believed to be completely what you were buying, the right to rescind should be more in your favor.

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    Richard Landuyt
    Licensed since 1979, I give you my personal guarantee that your real estate transaction will be the most organized process you will ever experience.


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