Jonesborough, TN asked in Contracts for Tennessee

Q: Can I be sued if closing date was changed and I didnt sign new closing date contract, and ask for closing date

I lost the house I was buying because of this change

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1 Lawyer Answer
Mr. James Charles Wright
Mr. James Charles Wright
Answered
  • Knoxville, TN
  • Licensed in Tennessee

A: I hate to say this but... it depends.

If the closing didn't happen because you didn't sign an extension to the closing date- and you were not otherwise in breach and there was no requirement under the contract for you to extend then - although you can be sued- you should be successful.

If however, you were in breach of the contract and the other side offered to extend rather than have you breach the contract- then you can not only be sued but you may not be successful in defending the claim. I would have to have more facts and the contract to be able to give more of an answer.

Generally in real estate contract disputes - the earnest money is the item that resolves the claim - one side either gives or takes the earnest money and that is the end of the matter. But the standard TAR form used by Real Estate agents provides for general remedies and damages.

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