Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Hello and welcome! My name is ***** ***** I am a licensed attorney who will try my very best to help with your situation or get you to someone who can. There may be a slight delay in my responses as I research statutes or ordinances and type out an answer or reply, but rest assured, I am working on your question.
Are we talking about a real estate sales contract? A little more information than what you posted would be helpful..
Why are they backing out?
Did they sign the contract?
Do you want to enforce the contract to force the sale to go through?
Ok, if you have a signed written sales contract, then if the seller refuses to continue, you will have to file a breach of contract lawsuit against them and ask the judge to order "specific performance", which is where he orders the sale to continue or holds them in contempt of court. You can also ask for any legal costs, other damages like housing costs, and attorney fees since this is a willful and malicious action on the seller's part.
The other option is to settle with them for some amount to compensate you for your time and effort and any expenses you have incurred.
So you are on very firm legal ground here..