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Ask Legalease Your Own Question
Legalease, Lawyer
Category: Real Estate Law
Satisfied Customers: 16215
Experience:  13 years experience in RE Law, including LL/Tenant, contractor disputes, comm'l prop. issues
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What are consequences c ompleting settlement

Customer Question

what are consequences for not c ompleting settlement
Submitted: 7 months ago.
Category: Real Estate Law
Expert:  Legalease replied 7 months ago.

Hello there --


You could be sued for breach of contract by the buyer and the realtor if you simply failed to appear at the settlement. In many instances you might have been able to find a way out of the deal by letting a lawyer review the contract before the settlement date approached.


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