subject
Business, 29.03.2021 22:40 andreanaapollon6337

A buyer entered into a written contract with a seller to purchase his commercial property for $100,000. The contract did not specify the quality of title to be conveyed, and made no mention of easements or reservations. The closing was set for November 25, three months from the signing of the contract. Shortly thereafter, the buyer obtained a survey of the property, which revealed that the city had an easement for the public sidewalk that ran in front of the store. Because this actually enhanced the value of the property, the buyer did not mention it to the seller. Subsequently, the buyer found a better location for her business. On November 1, the buyer notified the seller that she no longer intended to purchase the property. The seller told her that he intended to hold her to her contract. At closing, the buyer refused to tender the purchase price, claiming that the seller's title is unmarketable and citing the sidewalk easement as proof of that fact. In a suit for specific performance, will the seller likely prevail

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:20
Why should you not sign the tenant landlord agreement quickly and immediately
Answers: 1
question
Business, 22.06.2019 16:00
In microeconomics, the point at which supply and demand meet is called the blank price
Answers: 3
question
Business, 22.06.2019 21:20
Afamily wishes to save for future college expenses. which financial tool should the family invest in?
Answers: 1
question
Business, 23.06.2019 00:30
Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.
Answers: 2
You know the right answer?
A buyer entered into a written contract with a seller to purchase his commercial property for $100,0...
Questions
question
Mathematics, 07.06.2021 05:40
question
World Languages, 07.06.2021 05:40
question
Mathematics, 07.06.2021 05:40