What happens if i refuse to sell my house in france after i have signed the compromis de vente?
i have realised i have sold my house too cheaply, so now i dont want to sell it. i have signed the compromis de vente + the buyers are expecting to move in, in june,,,, but i have changed my mind about selling.
June 19th, 2011 at 9:21 am
The compromis de vente should have a failure to perform clause, which will outline the remedies if either party fails to to perform their duties.
The compromis de vente is a binding agreement, and should you not sell the property, especially for the reason you stated, the buyer will prevail in any suit regarding damages.
If you were guided by a real estate professional to sell your house too cheaply, you may have a cause of action against him/her.