Legal Question in Real Estate Law in Florida

recindment of single falily home purchase

I put 39,000. as a 10 % down payment and I wanto to no how many day tof recind my offer in a single family home in fla

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Asked on 9/28/07, 12:38 am

2 Answers from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: rescind offer for purchase of single family home

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

Once and offer is given and accepted, it cannot be rescinded unless there is a contingency which has not been met (i.e. mortgage financing). You would be well advised to consult an attorney who can review your contract and advise you of your legal rights and obligations.

Scott R. Jay, Esq.

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Answered on 9/28/07, 12:45 am
David Slater David P. Slater, Esq.

Re: recindment of single falily home purchase

There is no automatic recission period of a real estate contract. Read your agreement.

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Answered on 9/28/07, 1:02 am


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