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Corporate & Securities Law

: ContractsProf Blog

What Happens When the Buyer of an Apartment Dies Between the Contract of Sale and Closing?

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Here?s a worst-case-scenario story to take into account when contracting to purchase real estate. Buyer of a $2,300,000 Manhattan co-op apartment dies after contract of sale and approval by the co-op?s board of directors, but before closing. The buyer's estate...

Full post as published by ContractsProf Blog on December 17, 2009 (boomark / email).

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