Is it possible to cancel an agreement to purchase via email?
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Is it possible to cancel an agreement to purchase via email?
I signed an agreement to purchase and I was told that I can cancel until a specific date. Before that date, I sent an email to cancel but the agent was angry saying that I can’t cancel and he didn’t reply immediately he waited until my waiting period was expired then he replied. He now demands $8.55 of the purchase price to be paid to him. Can I contest this or was I supposed to cancel with a formal letter from an attorney?
Asked on February 12, 2017 under Real Estate Law, Alaska
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
Look to the contract or agreement to see what the terms regarding cancellation are. If the agreement specifices a particular way to cancel (or to send notices, communications, etc. more generally), you must comply: if you don't cancel the way the agreement the way it indicates, the cancellation would be ineffective. (In signing an agreement which specified a certain way to cancel or communicate, you contractually agreed to use those methods.) But if no particular method of cancellation or communication is specified, then cancellation by email should be effective and you should not owe *any* portion of the purchase price if you cancelled in time.
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