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Ask Asad Rahman Your Own Question
Asad Rahman
Asad Rahman, Lawyer
Category: Real Estate Law
Satisfied Customers: 2130
Experience:  Practicing Attorney with 10 years experience
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If both parties have signed liquidated damages and the buyer

Customer Question

If both parties have signed liquidated damages and the buyer has waived all inspections and then decides to back out can the seller sue the buyer for more then the deposit ?
Submitted: 10 months ago.
Category: Real Estate Law
Expert:  Asad Rahman replied 10 months ago.

If the contract that the deposit shall qualify as the liquidated damages then there is no real basis to file a lawsuit unfortunately.

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