[WSBAPT] Purchase and sale agreement termination

[Craig Gourley]

I start by looking for defects in the agreement.  No or defective legal description is good start. Earnest money is another one. If it was not delivered on time I believe there is case law that says the contract is breached and no longer enforceable. Beyond that it is basic contract law, looking for a breach of a term, missing signature etc. Not many escape clauses for Sellers.

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________________________________
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> on behalf of Harkiran Sekhon <harkiran at sekhonlawpllc.com>
Sent: Friday, August 23, 2019 8:33:53 AM
To: wsbapt at lists.wsbarppt.com <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Purchase and sale agreement termination

Hi Listmates,

I’ll likely refer this out (referrals welcome), but I’m a little curious as to how this would play out. PC (seller) and buyer have signed purchase and sale agreement. Seller wants to terminate agreement the day after signing because change of heart. Seller doesn’t want to sell anymore and notifies the buyer.

Buyer is now threatening to sue for specific performance, and buyer agent threatens to sue for the commission.

Are there grounds that would allow the seller to terminate the agreement?

Best,

Harkiran Sekhon
--
Harkiran Sekhon
Attorney
Sekhon Law, PLLC
P: (253) 237-6163 | W: www.sekhonlawpllc.com<http://www.sekhonlawpllc.com> | A: 707 S. Grady Way STE 600 Renton, WA 98057
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