Breach of Agreement of Sale by Seller: What You Need to Know

When a seller enters into an agreement of sale with a buyer, it is a binding contract that outlines the terms and conditions of the sale. A breach of this agreement occurs when one of the parties fails to fulfill their obligations as outlined in the contract. In the case of a breach by the seller, it can be a frustrating and stressful situation for the buyer.

So, what should you do if you find yourself in this situation as a buyer? Here are the key things you need to know:

1. Review the Agreement of Sale

The first thing you should do is review the agreement of sale to determine the specific terms and conditions that the seller has failed to fulfill. This will help you to understand the extent of the breach and what action you can take.

2. Notify the Seller

Once you have identified the breach of the agreement, you should notify the seller immediately. The notification should be in writing and should clearly outline the terms of the breach. This will give the seller an opportunity to rectify the situation before any legal action is taken.

3. Request Remedies

In your written notification, you should also request specific remedies that you believe are appropriate to rectify the breach. This could include a refund of any money you have paid, repairs to any damaged property, or compensation for any losses you have incurred as a result of the breach.

4. Consult with an Attorney

If the seller fails to respond to your notification or refuses to rectify the situation, you may need to consult with an attorney. A legal professional can advise you on your rights and options, and can help you take the necessary legal action to enforce the terms of the agreement.

In conclusion, a breach of agreement of sale by the seller can be a complicated and frustrating situation for a buyer. However, by understanding your rights and taking the appropriate actions, you can protect yourself and ensure that the seller fulfills their obligations under the agreement. Always consult with an attorney if you are uncertain about your legal options or feel that your rights have been violated.