In What Situations Would I Get My Earnest Money Deposit Back? - General DIY Discussions - Page 2 - DIY Chatroom Home Improvement Forum

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Old 03-16-2013, 08:43 PM   #16
Join Date: Mar 2011
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Your contract differs from what I normally deal with in that yours are "condition subsequents" Meaning that if you do nothing you will be held in a firm and binding contract.

I write them the opposite way. So the Buyer must (in writing) waive the rights to his conditions. If he fails to meet the deadlines, by doing nothing the P/S agreement is null and void.

Last edited by creeper; 03-17-2013 at 12:04 AM.
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