Purchase contract being cancelled, told to move out.
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Purchase contract being cancelled, told to move out.
We wrote a contract on a home we were purchasing with a 2 month lease attached. This was to allow time for credit repair and gain access to funds for the purchase. I found out that my account is frozen and I don’t have access to
those funds currently. We are already living in the home. I informed my agent and said I wish to cancel the contract. I was contacted back and told the sellers are cancelling and I must move out of the property by 5 pm today. They can’t do that can they? They are threatening the police and everything.
Asked on May 25, 2018 under Real Estate Law, Florida
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
No, they cannot call the police on you--this is not a crime--and cannot simply lock you out themselves. But they don't have to let you stay: they can bring a legal action on an expedited ("emergent") basis to get a court order that thd sheriff (or other law enforcement officer--who does this may vary by state) remove you and your belongings: this generally takes around 2 weeks. They can also sue you for the money you should have paid under the contract b or for any loses or costs you caused them.
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