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Jessica
Consultant
KellynK61, Expert
Hello, I understand that you have a legal question or need help with a legal issue. I very sorry to hear that. I am an attorney, and I’d be glad to assist you. How can I help?
KellynK61, Expert
Yes, of course! Also, can you please provide with a little more context and clarifying what it is that you are asking so that I can give you the best and appropriate legal advice?
KellynK61, Expert
Okay. Thank you. Please give me 7-10 minutes to review the information you provided.
KellynK61, Expert
Can you also send me a copy of the full contract?
KellynK61, Expert
It is possible that the buyers are in default of the contract (section 17) which means that you can exercise your default rights.
KellynK61, Expert
Should the BUYER/S fail to carry out the terms of this Contract in accordance with the provisions contained herein, the SELLER/S may: 1. Declare the Contract in default and proceed against the BUYER/S for the recovery of all damages incurred as a result of said breach of contract, including attorneys’ fees; and/or 2. The SELLER/S may state his/her/its intentions to comply with the Contract and proceed for specific performance, in which case the Earnest Money herein mentioned shall be applied as legally ascertained damages; and/or 3. The SELLER/S may accept the Earnest Money as liquidated damages and agree to the cancellation of the Contract.
KellynK61, Expert
If the buyers fail to carry out the terms of the contract, you can take one of the 3 actions mentioned in this paragraph.
KellynK61, Expert
For my understanding, they do not wish to comply with this agreement any longer right?
KellynK61, Expert
Per your additional provisions: In conjunction with item 14, purchasers are flexible on closing date and can close as soon as title and lending allow or can close at a date that is preferrable to sellers. Final closing date to be agreed upon by all parties.
KellynK61, Expert
Technically, there is no official closing date.
KellynK61, Expert
Thus, that is not reason enough.
KellynK61, Expert
I'm glad that I could be of help.
Do you mind providing a review of my services?
Reviewing my services will help ensure that I am able to provide accurate, efficient, and professional legal advice to future customers.
It also helps ensure that I receive compensation for my work on your case.
I would appreciate your assistance, and I wish you the best of luck in resolving your legal issue. I know you’ll do well.
Please log back on if you have any more questions.
Warm regards,
Attorney Kidwell
KellynK61, Expert
A closing date agreed upon via email is sufficient. They can use that to support their claim.