Real Estate Law
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Good morning. Thank you for using JUST ANSWER. I'm sorry to hear that your real estate transaction has gotten so bent out of shape. The disagreement over the extension does not invalidate the basic terms of the purchase agreement. It should still close in the same manner as it would have if there had been no extension signed on December 13 or 14th. As between the buyer and the seller, that extension is valid and enforceable. The fact that the seller wrote "duress", does not affect the legality of the document. If the seller does not give possession after closing, there should be a clause in the purchase agreement that provides a penalty, and the buyer can sue the seller for damages. The disagreement between the brokers over any of the events that took place, does not affect the legality of the sale agreement or the closing. That is up to the escrow agent. I hope that this information is helpful.You can enter a positive rating at this point and I will happy to answer follow-up questions later today.