Toledo, OH asked in Real Estate Law for Ohio

Q: If a property has been under contract for over two months can another party make an offer on the same property

Condominium went under contract Dec. 29 2014. It has not closed to this date March 11 2015. Can another party make an offer?

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1 Lawyer Answer
Greg D. Porter
Greg D. Porter
Answered
  • Fairfield, OH
  • Licensed in Ohio

A: Anyone can always make an offer, and the seller could even accept their offer while yours is pending. However, if all the conditions of the contract have been fulfilled, or in a house/condo sale, are in the process of being fulfilled, then the seller would likely be liable to you for money damages if he sold it to someone else. Some courts may, if they find the contract valid and that the seller breached it, enforce the contract and force the seller to sell it to you - this remedy is much rarer though.

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