If I signed an exclusive right to buy contract with a broker, does the contract apply to properties the broker did not show me?
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If I signed an exclusive right to buy contract with a broker, does the contract apply to properties the broker did not show me?
I signed the contract when my agent gave it to me in a stack of papers when I was putting in an offer on a house. The house deal fell through and we never went under contract. Recently, I saw a different property with a different agent. I am still under the “term: of the contract. Does the contract with the old agent apply to properties that the previous agent did not show me and did not bring to my attention? I actually tried to contact the old agent to do the showing but got no response for 3 days, and then contacted a different agent to see the listing I found the listing myself.
Asked on May 2, 2012 under Real Estate Law, Colorado
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
There is no way to answer this question in the abstract. A contract is governed by its specific language--you are obligated to do (or pay) whatever the contract requires you to do (or pay), and no more than that. Therefore, to understand your obligations in situation, you need to review the contract's language and compare it to the current facts. If you are having difficulty understanding what the contract says or how it applies, you need to bring it to an attorney who can read its language and review it and the situation with you.
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