Legal Question in Real Estate Law in New York
Breech of contract/extortion
My brother(seller) did not close on sale of property that was contracted. Instead, demanded more money or would not sell to me. I improved property and paid mortgage for 5 mos. I did this to increase value so that I could receive 20 percent gift of equity. What legal recourse do I have
Asked on 12/31/07, 8:36 am
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: Breech of contract/extortion
Assuming that the contract was in writing, you can sue for specific performance to force the sale.
Mike.
Answered on 12/31/07, 9:06 am