Without a binding agreement, you might as well be shopping for real estate in the Wild West. “A seller cannot merely change his mind and elect not to sell,” said David A. Kaminsky, a Manhattan real estate lawyer. You’ll get sued.’”Ask Real Estate Submit your questions, share your stories and tell us what topics interest you most. If the seller knew that, you might have a case to recover damages for its loss, Mr. Wagner said. An experienced real estate litigator should review it and guide you through the various possibilities.

Source: New York Times January 14, 2017 15:00 UTC