Legal Question in Real Estate Law in Florida
Is intention really 9/10th of the law? If you signed an outline of agreement to create a real contract to sell a property (in Florida) but never got all the way to creating the real contract due to other miscellaneous disputes, am I the seller really bound to sell it to them.
They think they are and want to sue me for not selling it to them (I sold it to someone else). There were issues of what was written down that I believe they went beyond (ie the closing date) but they feel they had good cause for going past that date (relative to the terms in the outline). That is the core dispute and why I sold to someone else. But over all is this outline even legal enough for them to sue me when we never had a real purchase contract. Or can this outline, (what his lawyer called an MOU - memoranda of understanding I believe) be seen as strong enough intent for a law suit.
1 Answer from Attorneys
The agreement to create a real estate contract controls. The terms in that agreement control the rights and obligations of the parties. You need to have the document reviewed by an attorney. Impossible to answer your inquiry on the facts alone without seeing the document.
Related Questions & Answers
-
Can i quit claim rental house to my niece Asked 9/12/14, 2:19 pm in United States Florida Real Estate and Real Property