The Motley Fool Discussion Boards
Personal Finances / Buying or Selling a Home
|Subject: Re: Landfill < 1 mile away?||Date: 4/7/2013 9:31 PM|
|Author: foo1bar||Number: 125067 of 127952|
I don't see where we disagee.
Ok - let me bold it for you:
CCoy: Only an ACCEPTED offer, with all contingencies fulfilled or waived, is considered a bona fide contract
As soon as both parties sign the offer agreeing to it, it's a contract.
There can be 20 different contingencies that allow one or the other party to exit the contract - but it's still a valid contract.
I wasn't referring to the OP's situation, per se.
I thought it was quite clear that *I* was.
So - just to clarify for the OP - you DO have a contract - even CC agrees that it is a contract.
So talking to a lawyer is probably a good idea.
After all, many listings receive multiple OFFERS, none of which are a CONTRACT until one is ACCEPTED.
But all of them are potential contracts.
And as soon as someone signs it, accepting it (which was done in this case), it's a valid contract.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|