Seller for specific performance

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Reference no: EM133613090

Question

For some reason, the seller of a home at 123 Mulberry Lane decided not to close on a sale transaction on closing day. The seller called the title company and told them she would not close the transaction but would not say why. The buyer has a moving truck, already loaded with his things, sitting in front of the home, waiting for possession of the new property. Since the seller refuses to close, what can the buyer do? The buyer can do nothing since the seller won't close. The buyer can sue his own sales associate for breach of fiduciary promise. The buyer can go to the closing, perform as scheduled, and then sue the seller for specific performance. The seller and the buyer can agree to close at a later date and leave the brokers out of the picture.

Reference no: EM133613090

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