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Want to cancel a Contract to sell a four familiy in New Jersey
I went into contract on a four family property about a month ago with a scheduled close this week.
As a seller I have been struggling with this contract, since I had never sold a multifamily and quite frankly cut myself a bad deal for different reasons.
I recognize I can be challenged for breach of contract.
My question is as follows:
What are my realistic damages, as a seller, in the state of New Jersey for not fulfilling the contract sale of this property?