How to Cancel a Contract

Here’s what real estate agents and brokers don’t want you to know: contracts are not always 100% binding, even if the agent tells you that you can’t cancel the contract.

There are often ways to break them. Listing agreements, purchase contracts, buyer’s broker agreements -- a good lawyer can help you get out of almost any of them.

What an agent also won’t tell you is that calling a real estate lawyer isn’t the only way to cancel a purchase agreement. Some of your cancellation rights are contained in the document itself. Other methods aren’t so cut and dry, but it still pays to know your rights, what is customary for your locale and what you can do to cancel a deal gone south . . . read more about how to Cancel Real Estate Contracts.

More Articles by Elizabeth Weintraub:

• About Buyer Possession
  
• Seller's Disclosures & Material Facts
  
• Protecting Privacy When Your Home is Listed

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