Legal Question in Real Estate Law in Virginia

Condominium Delivery

I signed a purchase agreement for a

condo in July 2005. In the

agreement is a stipulation that, if

delivery has not occured within 24

months of the date the agreement

was signed, the purchaser can get

out of the agreement. I was recently

informed that delivery is expected in

July 2007, past the 24 months

deadline. The problem is that in

March 2006 I signed an addendum

changing to Phase II of building

delivery from Phase I; however, the

addendum specifically states that it

''shall not change the Agreement in

any respect except as expressly

stated herein'' and does not explicity

change the date the original

agreement was entered into. Given

this, would I still be able to get out of

the contract if delivery is not until

after the date of the original

agreement?


Asked on 2/03/07, 1:13 am

1 Answer from Attorneys
Robert Strupp Robert J. Strupp,Attorney at Law, PLC

Re: Condominium Delivery

Good Morning,

You raise an interesting question. I would want to see the original contract and addendum before fully responding. However, what was the status of Phase II in March 2006? It may be relevant if it could not be completed by July 2007.

Best Wishes,

Robert J. Strupp

Read more
Answered on 2/03/07, 10:30 am


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