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Updated about 6 years ago on . Most recent reply

User Stats

128
Posts
34
Votes
Mahmoud Y. Elhalawany
  • Real Estate Consultant
  • Raleigh-Durham NC
34
Votes |
128
Posts

The assignee backed out of the deal but won't sign paperwork

Mahmoud Y. Elhalawany
  • Real Estate Consultant
  • Raleigh-Durham NC
Posted

We assigned a contract to a buyer who backed out of a deal and now we have a new buyer lined up. Unfortunately the old assignee is being difficult, our attorney can't give us legal advice because technically now she is his client as well. I need this woman to send in an informal letter stating that she is in fact terminating the contract, but as I said earlier she is being difficult. If this deal falls through as a result I am going to seek legal action against her. What should I do?

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