Legal Question in Consumer Law in Georgia
Selling of a car
I sold a car to a residence of NC on 12/19. A bill of sale was signed however no money was exchanged. The car was given to purchaser on good faith. Credit union was to send the payment to my finance institution. I paid the remainder balance to my finance insitution and was told things would be done bt 12/28. I call his credit union and is now told he doesn't want to buy the car. I have a bill of sale and everything and he has ownership of car. Isn't he legally binded to buy the car because the bill of sale was signed as is and I kept my end of the bargain?
1 Answer from Attorneys
Re: Selling of a car
The answer would depend on what language was used in your sales contract and in your bill of sale. The arrangements for payment should have been spelled out specifically.
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