Legal Question in Real Estate Law in Michigan
I am a seller. I have signed a purchase agreement and have accepted partial payment and am to receive the second half in January when I move out of the home. I want to back out of the deal. Can I??
Asked on 11/29/12, 3:47 pm
1 Answer from Attorneys
Jeshua Lauka
David & Wierenga, P.C.
Whether you can legally back out depends on the language in the agreement. Check out my article posted on the Volkers Group website at http://stevevolkersgroup.com/deal-deal-contingencies-provide-what-if-party-wanting-out/
This is an area where you should seek legal counsel.
Answered on 11/29/12, 4:36 pm