What are my legal rights when I have a signed contracting stating I am buying a piece of property and another person has the same contract for the same property. The realtor messed up and apparently told the back up offer they moved to primary but I am?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
What are my legal rights when I have a signed contracting stating I am buying a piece of property and another person has the same contract for the same property. The realtor messed up and apparently told the back up offer they moved to primary but I am?
Selling agent promised and signed
contracts to two different families.
Both feel we have primary and neither
are back up. The other buyer apparently
was sent a ln addendum telling him he
was the back up offer an hour after the
realtor realized it wasn’t on the
paperwork and he refused to sign it.
What are my legal rights as the other
buyer who has a signed purchase
agreement?
Asked on September 6, 2017 under Real Estate Law, Michigan
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
You have the right to either buy the home or get monetary compensation (e.g. for costs you have incurred) due to the breach of contract: when you have a signed contract, you either get the thing, property, service, etc. you signed up for, or you get compensation if the other side does not or cannot provide it. You would need to sue to enforce the contract or for compensation if not voluntarily provided (see below).
Between you and the other alleged buyer: a court would give priority to the one who signed the contract first, which appears to be you. However, if among you, the other buyer, and the seller, you cannot voluntarily work this out and the seller tries to sell to the other buyer, you'd need to sue both the seller and the other buyer, to get all three of you in court, so that a judge could decide what to do and issue a ruling binding on all (courts only have power over the parties in front of them in the case).
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.