Once a Contract of Purchase and Sale (CPS) has been accepted, a party can’t unilaterally alter its terms. If a party insists on changing the deal or otherwise indicates that they are unable or unwilling to fulfill their contractual obligations when due, they risk repudiating (i.e., rejecting) the contract. REALTORS® should be aware that their …
The post Killing the Deal: The Dangers of Anticipatory Repudiation #582 appeared first on British Columbia Real Estate Association.
