A new client, Sally Piker, retained our services because she received a Demand Letter from an attorney representing Peter Pepper, who is threatening a lawsuit for failure to provide furniture as outlined in the As-Is Residential Contract. On November 29, 2020, Sally Piker, the Buyer entered into an As-Is Residential Contract to purchase property located at 239 Charger Lane, St. Peters burg, FL 33712. The As-Is Residential Contract outlined that the furniture located in living and dining room included with the sale of the home shall be included in the sale. The real-estate closing took place on December 30, 2021, and the Buyer had an opportunity to conduct a final “walk-through.
In accordance with the terms mentioned above contained in the As-Is Residential Contract, do you think that the Seller is in Default of the As-Is Residential Contract? If the Seller is in Default, what remedies are the Seller entitled to in a court of law?
In accordance with the terms mentioned above contained in the As-Is Residential Contract, do you think that the Buyer is in Default of the As-Is Residential Contract? If the Buyer is in Default, what remedies are the Buyer entitled to in a court of law?