Category: Real Estate Contracts

Each contract is different and likely has a provision that defines what constitutes a default. The contract may provide for a time for seller to cure a default, usually a specified number of days. The contract for your specific transaction should be carefully reviewed to determine what constitutes a default. Some general examples of a…

Buyers may have a way to cancel a real estate contract in Florida, but it depends on the contract. Examples of reasons a buyer might cancel a real estate contract include mortgage financing contingency, an inspection contingency, other contingencies, title defects that cannot be cured, tenant occupancy, and association documents. Mortgage financing – Real estate…

There are usually very few ways for a seller to unilaterally cancel a real estate contract in Florida. Often, the only way for a seller to cancel a contract unilaterally is if the buyer does not fulfill the buyer’s obligation(s) under the contract. For this reason, sellers should be extra careful about signing real estate…