Waterville, ME asked in Contracts for Maine

Q: If I entered a contract to purchase the home but the seller did not have the title to complete the close on our agreed

Closing date. Is the contract null and void. Can I legally chose not to move forward with the purchase of the home and look for another property?

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1 Lawyer Answer

A: The answer will depend primarily, if not entirely, on the terms of your contract with the seller. What does it say about the consequences of the failure of the seller to deliver title on the closing date? That may give you the right to cancel the contract. If you have a broker, you should be talking to him or her about this as well.

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