Full question:
We recently sold our home and need to be out in 30 days. At the time of signing the contract with the buyer we stated to our realtor that we would need to be flexible on the closing. She agreed, but states we have to be out even though we have not found another place to live. Can we back out on the sale without problems?
- Category: Contracts
- Subcategory: Recission
- Date:
- State: Tennessee
Answer:
If the contract doesn't specify an extension of the time when you are required to move out, you will be in breach of contract for backing out of the deal.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
