Legal Question in Real Estate Law in Florida
real state
in florida how manny time do i have to cancel a real state contract?
thank you
frank
2 Answers from Attorneys
Re: real state
There is no time unless possibly if it is a condo. Otherwise only if written inti the contract.
Re: real estate
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Once the other party has signed the Contract it is a binding agreement unless there are any contingencies in the contract. For example, this could include an inspection contingency or a mortgage contingency. For a contingency, you would be bound by the terms of the Contract. If none, there is probably no right of recission and you are bound.
Scott R. Jay, Esq.