Can a home seller back out of a sale agreement 3 days after receiving earnest money?
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Can a home seller back out of a sale agreement 3 days after receiving earnest money?
Asked on July 2, 2012 under Real Estate Law, Washington
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
It does not appear that in Washington state that a seller can back out of a contract to sell a home after accepting an offer and a deposit/earnest money, unless the agreement/contract itself specifically provides for some right to cancel or terminate the agreement within a given time frame (e.g. three days).
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