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May a Full-Sale Offer be Refused? |
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If a house is listed for sale, and an offer is made for the actual Listing Price, does the seller have the legal right to decline the offer and/or pull their house off the market? Thanks. |
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I suspect that one has been fought out in the courts more than once. Some lawyers feel the original listing was an offer to sell, and that a full-price response is a binding acceptance. Other attorneys have told me "The seller could always find something -- perhaps the proposed closing date is unacceptable." For this one, as usual, I'm going to pass and suggest you go to your own lawyer. |
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Edith
Originally published on June 29, 2007 |
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