North Wilkesboro, NC asked in Real Estate Law for North Carolina

Q: I have a contract to sell my house for cash. The company sent a termination letter today with no explanation. Help?

Can they do this with no explanation? We were set to close next Friday. We have refused to sign the termination agreement.

There is nothing in our contract stating anything about canceling the contract on either party.

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1 Lawyer Answer
Ben Corcoran
PREMIUM
Ben Corcoran
Answered
  • Yadkinville, NC
  • Licensed in North Carolina

A: Without reading your contract, no lawyer is going to be able to give you advice on what your options are. My guess is that they had a clause in the contract that allows them to do this, but I don't know.

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