Real Estate Contract Delays

Summary

Verbal agreements can be legally binding in South Carolina but are harder to enforce without written documentation. Consistent delays in closing might be a breach of contract. Ensure you have a written contract detailing all terms, including the buyers commitment to pay back taxes. Consult a real estate attorney to review your contract and advise on potential breaches and next steps. An attorney involved in a real estate transaction should provide copies of relevant documents. If dealing with title transfer delays, follow up with the DMV and consult an attorney for assistance.

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I live in South Carolina and I own property that I put up for sale because I couldn't pay the back taxes on it. The buyer agreed to pay the taxes so as a result of the verbal agreement I sold it for a very reasonable price we're under contract and we've had * closing dates so far . Can he keep exte
Hi ****, it sounds like you're experiencing some frustration with the closing process. Here are a few points to consider:
- In South Carolina, a verbal agreement can be legally binding, but it’s harder to enforce without written documentation.
- Consistent delays in closing might be a breach of contract, depending on the terms agreed upon.
To better assist you, can you specify if there is a written contract outlining the terms, including the closing date and buyer’s commitment to pay back taxes?
Is it possible that the buyer keeps pushing the extension so he can just buy my property for the back taxes owed because they have to be paid by December * *
It sounds like you might be dealing with a potentially manipulative buyer. Here are some key points:
- Written Contracts: It's crucial to have a written contract that outlines all terms, including closing dates and the buyer’s agreement to pay back taxes.
- Breach of Contract: Consistent delays can potentially be a breach of contract if the terms are not being met.
- Legal Advice: Consult a local real estate attorney to review your contract and advise on potential breaches and next steps.
Do you have a written contract in place with specific terms regarding the closing dates and the buyer’s obligations?
He says he said he would pay the taxes if he gets reimbursed so that took at least *,* dollars off the price of the property but he agreed to that in the attorney's office
****, if the agreement took place in the attorney's office and there's a written contract, it should detail the buyer's obligations, including paying the back taxes. Here are some steps you could consider:
- Review the Contract: Ensure the contract explicitly states the buyer's commitment to pay the back taxes.
- Legal Advice: Consult with a real estate attorney to understand your options if the buyer is breaching the contract by delaying closing.
- Breach of Contract: If the buyer is in breach, you might have grounds to terminate the contract or seek legal remedies.
Do you have a copy of the written contract with you?
No I don't but does the attorney have to give me a copy by law
In South Carolina, an attorney involved in a real estate transaction is generally required to provide copies of relevant documents, including the written contract.
Key Points:
- Written Contracts: Always request a copy of any agreement you sign.
- Attorney's Obligation: They should provide you with a copy of the contract.
For more specific advice, you might want to contact a local real estate attorney to review your situation and ensure your rights are protected.
Are there any more details about your situation that you'd like to share or ask about?
The land is in my sisters and I name the mobile home on the property was in my deceased parents names and he said he was having it switched into my name and for over 30 days he says the title still isn't back from the DMV office
It sounds like you're dealing with a complex situation involving property ownership and a potentially delayed title transfer. Here are some key points:
- Title Transfer Delays: It's not uncommon for the DMV to have delays, but 30 days is unusual.
- Estate Issues: Since the mobile home was in your deceased parents' names, there might be probate issues delaying the title transfer.
Steps to Consider:
- Contact DMV: Follow up with the DMV to get a status update on the title transfer.
- Consult Attorney: Given the complexities, consult a real estate attorney for assistance with both the property sale and title transfer issues.
Would you like more information on how to expedite the title transfer or need help with anything else?