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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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Received a contract on home and 4 days later people

Customer Question

received a contract on home and 4 days later people cancelled. As a result I lost another written contract which expired and lost a rental agreement on property I owned in California. People say they cancelled based on home inspection of which there was none except their own inspection twice which if they saw the house and did not like why would they sign a contract offer. Am I entitled to keep deposit of 10k to offset my losses?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.

Good morning. I am Loren, a Florida licensed attorney, and i look forward to assisting you today.

Expert:  Loren replied 1 year ago.

Are you online?

Expert:  Loren replied 1 year ago.

What does the contract say the buyer is entitled to, specifically, under the home inspection? Typically, a professional inspection is stated in the provision.

Also, is there a liquidated damages provision in the contract?