Oct 26, 2016
Can a real estate seller demand performance from a defaulting buyer? – Florida law says YES
Can a real estate seller demand performance from a defaulting buyer? – Florida law says YES
In a fluctuating real estate market like Miami, buyers often back out of their property purchases, sometimes just days before closing. Many of these defaulting buyers provide no explanation, refuse to answer requests to close or mediate, and provide no reasonable excuses. Many do not exercise any contractual cancellation, even when an attorney represents them throughout the transaction. The…
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