Scottsdale, AZ asked in Contracts for Arizona

Q: If someone signs an “irrevocable” contract for a broker to sell a business and they “void” it would it still be binding

The potential owner found an individual to purchase the business and thusly doesn’t need to broker the deal through a 3rd party. The contract itself notates it to be irrevocable but the broker is simply wrote “Void” through the contract itself. Not sure if this would require signing a new contract or if this alone would suffice

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1 Lawyer Answer
Marcos Garciaacosta
Marcos Garciaacosta
  • Mesa, AZ
  • Licensed in Arizona

A: Depends.

Any contract can be changed, cancelled or modified by the parties.

Check with an attorney in a consultation to review your case.

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