Legal Question in Real Estate Law in Georgia
Buyer's Agreement
I was wondering what is required for one to get out of an exclusive buyers agreement that has been signed with a realtor. What recourse does the realtor have if they are fired?
Asked on 3/15/04, 11:50 am
1 Answer from Attorneys
Ms. Tran Lankford
Tran Lankford, Attorney at Law
Re: Buyer's Agreement
The answer to your question lies within the contract itself. Each contract is unique; thus, your contract may have specific actions that need to be taken, or damages which must be paid, in order for you to be released from the contract. On the other hand, the contract may not require anything more than giving notice in accordance with the contract. You need to contact an attorney and provide the attorney with a copy of the contract. I cannot specifically answer your question without first reviewing the contract.
Answered on 3/15/04, 1:39 pm