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Updated almost 2 years ago on . Most recent reply

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Jennyfer Sakiewicz
  • San Antonio, TX
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Sale & Purchase Agmt binding to successor trustees?

Jennyfer Sakiewicz
  • San Antonio, TX
Posted

Trustee who executed agmt died. Successor says they don't have to honor it (bc they're greedy and the market has increased dramatically). It has binding clause. It has been renewed and extended twice, to expire 12/31/2023. What would invalidate that document?

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied
Quote from @Jennyfer Sakiewicz:

Trustee who executed agmt died. Successor says they don't have to honor it (bc they're greedy and the market has increased dramatically). It has binding clause. It has been renewed and extended twice, to expire 12/31/2023. What would invalidate that document?


 Get an attorney to review this. typically this should still be valid. 

  • Chris Seveney
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7e investments
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