Vernon Hills, IL asked in Real Estate Law for Wisconsin

Q: Is it possible to terminate a vacant land offer to purchase if the seller did not provide a map of the property by date

Agreed upon in contract. Also, could the offer be terminated if the seller gave buyer an accepted offer after the date listed in the contract?

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1 Lawyer Answer
Brian R. Zimmerman
Brian R. Zimmerman
  • Milwaukee, WI
  • Licensed in Wisconsin

A: Whether you can terminate the Offer will depend on the terms of the contingency contained in the Offer. Oftentimes there are time limits for both the Seller's compliance with the terms, and the time period in which a Buyer is permitted to terminate. Prompt review of the Offer would be best to preserve your rights.

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