Legal Question in Real Estate Law in New York

Should buyer payer for 1 month extension

The person buying my house there buyer couldn't close when they were supposed to. We gave our buyers 1 month ext according to contract which said on or about date. They had put 10k deposit down. Should they be liable for my extra month expenses? Mortgage,utilities etc?


Asked on 3/17/07, 11:17 pm

1 Answer from Attorneys
Arnold Nager Arnold H. Nager, Esquire

Re: Should buyer payer for 1 month extension

No, unless there was a provision in the contract of sale provided for additional payment if the closing was delayed.

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Answered on 3/18/07, 9:18 am


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