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re: Backing out of Purchase Agreement

Posted on 5/27/15 at 3:26 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37302 posts
Posted on 5/27/15 at 3:26 pm to
quote:

Would this even be a requirement since both parties agreed that the penalty for breaking the contract is 10% of the contract price? It's a penalty that is written in black and white that they agreed to.


Remember if this goes before a court, a judge would rule on it. Which means, anything can happen.
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