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S and P execute a brief contract of sale for property in Nyack. The contract provides for a closing only after P obtains a firm
S and P execute a brief contract of sale for property in Nyack. The contract provides for a closing only after "P obtains a firm mortgage commitment." After searching for a mortgage loan, P obtains a commitment that requires that P have the proceeds of the sale of her present residence in hand, in an amount not less than $100,000. Can S compel P to go through with the transaction
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Andersons Business Law and the Legal Environment
Authors: David p. twomey, Marianne moody Jennings
21st Edition
1111400547, 324786662, 978-1111400545, 978-0324786668
