Rules of Canceling a Real Estate Contract
UncategorizedThere are rules that must be followed when dissolving a signed real estate contract. If proper channels are not used, the terminating party (buyer or seller) may be defending themselves in court. In many states there is a three-day period called the “Attorney review period” after the contract has been signed during which either party may withdraw commitment to the contract. In states where this is not a law or if the three days is long gone, there are other options. Standard legal contracts for the sale of real estate […]