New York, NY asked in Real Estate Law for New Jersey

Q: If I make an offer and submit a deposit, do I have the ability to get out of the contract and get my deposit back?

There are known issues with the house (mold/water penetration) and I want to make sure I can get out of the contract with my deposit if the problems are bigger than initially expected.

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1 Lawyer Answer
Leonard R. Boyer
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Answered
  • Clifton, NJ
  • Licensed in New Jersey

A: Your best bet is not to even get into the contract. Mold is very problematic. Good luck.

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