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Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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I have a land contract bar ,the 2 years is up and

Customer Question

Hello,I have a land contract for a bar ,the 2 years is up and the balloon payment is due. I put 15,000 down and made all payments on time. In the mean time i found another bar i want to purchace,can i just walk away from this one?
Submitted: 2 years ago.
Category: Real Estate Law
Expert:  Alex Esquire replied 2 years ago.
Hello. My name is***** will be happy to answer your question.I am sorry to hear about this unfortunate situation.Do you have a written contract for purchase?Does the contract states penalties if the contract is breached?

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