Asked in Contracts for Mississippi

Q: I have a contract that expired4/5 and extension expired 4/15. Seller does not want extension. Do we have a contract?

Buyers want to close and are pushing for it. Seller is not interested. They ha e scheduled closing for 4/17 even though we have said no. Are there consequences for us not showing up.

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1 Lawyer Answer

Bruce Alexander Minnick

Answered

A: If you are the seller and intentionally breach the written contract you signed==depending upon the amount of money involved and the tenacity of the buyers--you may see a lawsuit seeking specific performance an/or consequential damages caused by the intentional breach. The seller may also have to pay attorney fees and costs if the contract provides for prevailing party fees and costs.

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