We are buying a home. All parties agreed and signed an addendum that we will rent the home (take possesion) while the escrow and lending finish. The contract states that we pay holdover (rent) each day past the scheduled close of escrow-seller added that part. We have released our earnest money based on the addendum. We have signed everything, transferred utilities, hired movers, etc. The seller said today they no longer want to rent to us and demands we sign an addendum allowing him to change the terms. We said no. Can we still move in as scheduled since we all signed off previously? If they refuse to give us keys, are we allowed to hire a locksmith? Does he have to honor this? What rights do we have? What do we do if he refuses to sign sale docs once we're in?The home is vacant so we would not be displacing anyone by moving in per the contract.
Business contracts Breach of contract Business real estate Property Residential property Buying and selling property Buyer's rights in property sales Real estate buy and sell agreements Escrow in real estate Earnest money deposit Real estate Real property ownership Business Fraud Purchasing a house