Question: Because there were no deadlines specified in the contract, a buyer delayed applying for a loan to help purchase the property. The seller ended up
Because there were no deadlines specified in the contract, a buyer delayed applying for a loan to help purchase the property. The seller ended up suing the buyer for breach of contract, stating that the delay was impacting the seller's ability to purchase a new home. What did the buyer fail to do? Unset starred question Complete their loan application correctly. Notify the seller about a loan contingency. Perform contractual obligations within a reasonable time. Talk to the seller about the seller's contingency to sell the house in order to buy another property
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