Legal Question in Real Estate Law in California
can a trust back out of a sale because the trustee changes
Asked on 9/26/15, 8:43 pm
2 Answers from Attorneys
A trust can back out of a contract for sale of real estate only for the same reasons that any other seller can.
Answered on 9/27/15, 9:23 pm
William Christian
Rodi Pollock
No. This is like asking if a corporation who is bound by a contract can back out if a president resigns and is replaced. The trust is bound by the predecessors acts.
Answered on 9/28/15, 1:54 pm
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