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May 21, 2019 · Yes, it has happened that a buyer or seller dies while they have a property under contract. They could die the day after the contract is signed or as they are walking into the title company on closing day.
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Jan 14, 2022 · This blog post discusses the complications that can arise in real estate transactions where there is a piece of land under contract and the individual seller or buyer dies prior to the completion of the transaction.
Jan 12, 2022 · This blog post discusses the complications that can arise in real estate transactions where there is a piece of land under contract and the individual seller or buyer dies prior to the completion of the transaction.
The answer, of course, would be somewhat different, if the approval was given, the buyer waived the condition and firmed up the deal. If the buyer then dies after the deal is firm but prior to the expiration of the 10 day period, the purchaser’s estate is still at risk.
Jan 29, 2020 · What happens if the seller dies during a real estate purchase? Though this is not a common event, I have had clients who have undergone such scenarios, so it does happen. Here is the scenario:
Apr 5, 2022 · Death of Seller or Buyer in Ontario. Question: If a seller signs a listing agreement with a brokerage, but dies before any offers have occurred, is the contract binding on the heirs of the seller to continue offering the property for sale?
May 10, 2022 · Despite these efforts, events beyond the buyer's or seller's control, such as fire or vandalism, could occur while the property is under contract. If the damage is severe, Most homebuyers do not want to purchase property with significant damage.