How to void a ratified contract.

Asked over 1 year ago - Fairfield, PA

the house we put a contract in on is now to small for my needs.how do i get out of it.

Attorney answers (3)

  1. Michael T Millar

    Pro

    Contributor Level 19

    1

    Lawyer agrees

    Answered . You should consult with a local real estate attorney.

    Whether you can cancel the transaction will depend on the language in the contract of sale.

    There are typically several ways to cancel a contract including your inability to obtain mortgage financing or issues with the home inspection report.

    If this answer was helpful, please mark it as helpful or as a best answer. This answer is for general education... more
  2. Robert John Murillo

    Contributor Level 20

    2

    Lawyers agree

    Answered . That depends on the contract terms. If it allowed you to rescind the contract because it does not fit your needs, you can follow the notice procedures. Now, I would be stunned if your contract contained a clause like that.

    You need to speak with a local contract lawyer so they can review and advise you of your rights and how to exercise those rights. This is not something to guess about and this cannot be answered based on posting one sentence on the internet. Good luck.

    This answer is for informational purposes only and is not legal advice regarding your question and does not... more
  3. Ibraheim Nidal Shalabi

    Contributor Level 9

    Answered . You most likely won't be able to. But have an attorney read over the agreement.

    Good Luck.

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