The Colorado Contract to Buy & Sell establishes a New Loan Termination Deadline if the buyer is getting a new loan. What is the effect of the deadline?

Question

asked Jan 2, 2021 54.4k views

1 Answer

Jake Opena · Answer 1 · 2021-01-06T23:05:05+0000

Answer:

The Buyer can terminate the contract by written notice

Step-by-step explanation:

Without the loan commitment by the deadline, the buyer can terminate the contract by giving written notice to the seller that he/she is terminating.