Legal Question in Real Estate Law in Alabama
Binding seller in contract
If a homeowner counters a buyers contract to purchase a home, and the buyer accepts (and notifies) the seller of acceptance (through their realtor), is the seller legally bound to that verbal contract, if a third party offer is made before realtors can set both parties up to sign counter offer contract?
Asked on 9/04/02, 4:21 pm
1 Answer from Attorneys
Michael McNair
M. S. McNair, Attorney-at-Law, P.C.
Re: Binding seller in contract
A contract for the sale of land must be in writing. You need to consult with a local attorney.
Answered on 9/12/02, 6:55 pm