What are the rights of a buyer in regards to the closing date?
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What are the rights of a buyer in regards to the closing date?
Our offer indicated a closing date of
Asked on July 15, 2017 under Real Estate Law, Michigan
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
If they are closing by the last date in the signed agreement, you have no right to an earlier date or recourse for not closing earlier. A written agreement can only be changed in writing, not orally; therefore, if they never agreed in writing to an earlier date, the original written agreement stands, and as long as they close within that time, they are not liable for anything.
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