Legal Question in Real Estate Law in Michigan

promise to grant first chance to buy adjoining property to home buyer 8 years ago, Michigan. Told them a price three years ago, they never acted or countered. Sold to different buyer, now the other party wants to sue.


Asked on 9/24/10, 9:10 am

1 Answer from Attorneys
Shelly Schellenberg MI & FL private practice

The other party has no basis to sue, unless they PAID you for an option to purchase. There must be consideration to enforce a promise.

Read more
Answered on 10/01/10, 10:16 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Michigan