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.

Read more
Answered on 12/31/07, 9:06 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in New York