Breaking Real Estate Contract
Summary
In South Carolina, real estate contracts must be in writing to be enforceable. Verbal agreements, even if witnessed, may not hold. Repeated delays by the buyer could be grounds for breaking the contract if they breach its terms. Consulting a real estate attorney is advisable to understand your rights and options.Full Conversation
Im under contract for selling my property the buyer verbally agreed to pay the back property taxes in his attorneys office my sister was present and so was the paralegal now he says he never agreed to that we're on our 3rd or 4th closing date can i break the contract
****, verbal agreements can be tricky, especially in real estate transactions where written contracts are typically required. Breaking a contract can have legal consequences.
Where are you located? This will help me provide more specific information about your state's contract laws.
South Carolina
****, in South Carolina, real estate contracts generally need to be in writing to be enforceable due to the Statute of Frauds. However, since there was a verbal agreement witnessed by others, you might have some leverage. It's crucial to review the written contract to see if there's any clause about modifications or verbal agreements.
Would you like guidance on how to proceed with disputing this or need help finding legal representation?
Yes can i break the contract due to him delaying the closing date that many times
****, in South Carolina, you may have grounds to break the contract if the buyer's repeated delays constitute a breach. Examine your contract for any "time is of the essence" clause or terms regarding delays. Consulting a real estate attorney would be beneficial.
Would you like help finding legal representation or more guidance on this issue?
Please
****, based on your situation, it seems you might have a strong case due to the buyer's repeated delays. Consulting a real estate attorney can help you understand your rights and options more clearly.
South Carolina Bar Lawyer Referral Service
Phone: (*) *-*
Website: www.scbar.orgWould you like more information on how to proceed with your case?