Legal Question in Real Estate Law in Iowa
can a real estate contract be cancelled without penalty in Iowa before the time runs out
Asked on 4/07/12, 1:39 pm
2 Answers from Attorneys
Robert Luedeman
solo practitioner
Do you mean before the term of the contract is up? It depends on the language of the contract but breaching a contract creates a cause of action.
Answered on 4/07/12, 8:11 pm
Thomas Moens
Moens Law Offices, Chartered
Depends on the terms of the contract. Also, it is not clear if you are referring to a contract to purchase real estate, or a contract for deed.
Answered on 4/09/12, 9:33 am