Helping 20 Million Americans a Year for 20 Years. FREE!
Find the Right Lawyer for Your Legal Issue!

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential

Call us today for a free consultation (855) 466-5776

What is the law if a buyer wants to break a contingent real estate contract?

Question Details: My fiance has a contract to buy a home contingent on the sale of her existing home. The home is close to what she wanted but she would have to do some kitchen remodeling to get exactly what she needs. She has since found another home that is exactly what she wants for less money. Is she bound by law to buy the first home, if her existing home sells before the contingent contract expires? She knows she will lose her deposit. But can she be sued for breaking the contract?

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.