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Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed Nebraska Form

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Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed Nebraska Form

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what if the buyer breaches the contract and decides not to buy the property the seller could also sue for non-performance but that is very unlikely think about it how do you make someone buy a property the seller would not be able to sell the property to anyone else while going through the legal process of getting a court or judge to force the buyer to buy the property that's just not how it works instead sellers get what's called an earnest money deposit earnest money is a good faith deposit usually made at the time of executing a contract if there are any contingencies on the contract that are not met the buyer can cancel the contract and get back his earnest money but if all contingencies are met the earnest money goes hard and becomes non-refundable which means if the buyer doesn't perform the seller will keep the earnest money and resell the property to someone else to be safe always give the earnest money to the title company to hold and not the seller

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