If Closing Date is Postponed?
I signed a contract to buy a 2-bedroom in Park Slope. In the SUBMIT OFFER form, I stated I needed to move in by July 24th. The sellers agreed and this was also but into the contract (closing on or before July 24th). My lawyer said that the seller does have 30 days extra if he wants it to go to closing. Is this true? The contract has been signed and the 10 percent deposit has been cashed. My landlord will not renew my lease for only one month and I have no where to go. I made an all-cash offer on the place I agreed to buy and my only request was to move in by July 24th. Do I have the ability to cancel the sale and get my money back if the closing isn’t on time? Thank you.
