Legal Question in Real Estate Law in Florida
underhanded broker?
Once a buyer has made an offer and is accepted my the owner and the signed contract has been submitted to the broker of the owner (no money has changed hands) can the broker/owner accept and other offer?
Asked on 4/30/07, 11:35 pm
2 Answers from Attorneys
Michael Stewart
Michael D. Stewart
Re: underhanded broker?
It depends if there were any conditions in the purchase and sale agreement that needed to occur for it to be a binding agreement.
Answered on 5/01/07, 11:10 am
David Slater
David P. Slater, Esq.
Re: underhanded broker?
If the contract provided for a deposit, it was to have been given to be a valid offer.
Answered on 4/30/07, 11:57 pm
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