How to get out of a sales agreement.

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How to get out of a sales agreement.

I believe this person is not reputable; I was ill and very stressed when I signed the purchase agreement. After

looking at it more closely, he did not even list his address or the legal description of the home. He sent me a check today for $100 earnest money which should have gone into escrow with a title company. How can I not sell and what could be the consequences to me?

Asked on January 5, 2019 under Real Estate Law, Pennsylvania

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

Your stress or mental state is irrelevant, as is your opinon of whether this person is reputable or not. What would matter is whether he has complied with the terms of the contract or not. If he has complied, then the contract is enforceable agaist you and you cannot escape it; if he violates any "material" or important terms of the contract, however, that breach would allow you to treat the contract as termiunated and escape it. So the issue is, has he done anything violating the plain terms of the contract?


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