Real Estate Law
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Good evening and thanks for using Just Answer. I'm sorry to hear that you are in such a dilemma. I am sorry to say that merely asking to add another party to the contract does not void the agreement. There is no negative affect on the Seller if a third party is added, but you don't have to agree to do it. What the buyer does afterward is up to the buyer.The buyer, if they wish, can always deed an interest to the third party after the closing.
I don't see anything in the agreement that permits them to add a buyer, OR for you to refuse to add one either. If you procrastinate your approal and it causes their financing to fail, well, they could have put him on the contract to begin with. Why didn't they? I also don't see a right for the buyer to assign the contract, which would permit the husband to be added. Offhand and subject to a FL attorney doing some extensive case research, I think a court would have a hard time justifying a seller's refusal to permit the addition of a buyer, absent a showing that it causes some harm to the Seller.
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