Full question:
We just moved and we are renting. We are in contract to buy a home and the settlement date says on or about October 15th. We have now been told that that could mean November 15th. Is that the law?
- Category: Real Property
- Subcategory: Sales
- Date:
- State: New York
Answer:
It is a matter of contractual interpretation. When time frames are ambiguous, courts often imply a "reasonable" time frame.
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.
