What if the other party backs out?

Updated March 13, 2023.

The other party is also bound by the terms of the contract. The refusal to proceed according to the terms of the contract constitutes a breach of contract, which would entitle you to seek to require the other party to perform under the terms of the contract and/or to pay money damages as a result of the breach. It is essential that you discuss your options and alternatives with your attorney should this occur.


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