Sell Breach of Real Estate Contract by Buyer

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Ways to get paid for your ready-made breach of real estate contract by buyer

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FAQ

Can a Realtor sue for breach of contract?

The seller could also decide to sue you for breach of contract. Some real estate contracts have a \u201cliquidated damages\u201d clause that states the maximum the seller can keep if the buyers breach the contract.

When a buyer backs out of a real estate contract?

When buyers cancel their real estate deals sellers may sue for breach of contract and monetary damages. "Specific performance" may also be a legal remedy for a property seller if a buyer backs out of the deal.

Can a seller force a buyer to buy?

Generally in a home sale contract, the Buyer does have the right of Specific Performance, meaning they can force the Seller to sell them the home. This is because the law sees land, or the real property, as unique. ... In this situation, the contract may give the Seller the right to keep the earnest money.

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