(Total Views: 98)
Posted On: 02/05/2024 4:11:24 PM
Post# of 13992
Re: Wallstreet1234 #6049
That's exactly right! Two different scenarios that can result in different post-contract/agreement issues
WallS is correct when stating this:
For example, if the property had issues, the buyer would cancel a contract/purchase agreement due to no fault of the buyer.
And, if there were no issues with property, as advertised, the expiration (due to conditions not met by the buyer within the specified timeframe) would be the end result.
Filing clearly states "has expired" (no cancelled/terminated) with no reference to any issue relating to property (i.e. seller not meeting any obligations).
Three calls this one in favor of WallS.
in my opinion
cheers
WallS is correct when stating this:
Quote:
Typically a contract expires due to a timeline. A cancelled contract typically relates to cause. But believe what you may, it’s not my job to educate yo
For example, if the property had issues, the buyer would cancel a contract/purchase agreement due to no fault of the buyer.
And, if there were no issues with property, as advertised, the expiration (due to conditions not met by the buyer within the specified timeframe) would be the end result.
Filing clearly states "has expired" (no cancelled/terminated) with no reference to any issue relating to property (i.e. seller not meeting any obligations).
Three calls this one in favor of WallS.
in my opinion
cheers
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