Legal Question in Real Estate Law in Virginia
Validity of a Sales Contract after the Death of the Seller
My father passed away in October of 2006. In April of 2006 he accepted a contract to sell 25 acres of land in Louisa County Va. to a buyer. The sale never happened. My father was ill & was selling the land for much less than it was worth, probably to get the matter resolved quickly for his heirs. My step-mother & I now own the land. Are we legally obligated to honor this sales contract?
Asked on 8/13/07, 3:10 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Validity of a Sales Contract after the Death of the Seller
Already answered.
Answered on 8/13/07, 11:45 pm