Legal Question in Real Estate Law in New Jersey

Sold my condo, bought a Mobile home, Closing is this Thursday. Can I back out of these deals?


Asked on 4/16/12, 6:43 pm

2 Answers from Attorneys

Miriam Jacobson Retired from practice of law

If you signed contracts for these transactions, unless the contracts provided for conditions under which you could cancel (which usually requires doing so by a certain deadline), you may be able to back out. If there are no such conditions with right to cancel, you can't back out. You may not be forced to close, but you will be liable for money and whatever other remedies are in the contract.

THIS RESPONSE IS NOT LEGAL ADVICE, SINCE I DO NOT HAVE ALL OF THE INFORMATION THAT WOULD BE REQUIRED, AND I DO NOT HAVE A REPRESENTATION AGREEMENT WITH YOU.

* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.

* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.

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Answered on 4/16/12, 8:56 pm
Larry Raiken Larry S Raiken LLC

Hopefully you aree represented by an Attorney. If not you need to retain an attorney as soon as possible. Please feel free to call my office and set up an appointment today.

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Answered on 4/17/12, 7:09 am


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