Seller obligation, Buyer's option?

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dvortex
Gold Forum Contributor
Posts: 89
Joined: Mon Feb 28, 2011 10:18 am

Seller obligation, Buyer's option?

Post by dvortex »

Hi all,

Would like to understand what is involved if a buyer has obtain OTP for purchase with standard 14 days to exercise the option but seller during this 14 day period sold to another buyer.

What rights does buyer have over seller? Law suit against seller based on breach of contract? What is involved and what about the monies?
dvortex
Gold Forum Contributor
Posts: 89
Joined: Mon Feb 28, 2011 10:18 am

Post by dvortex »

Thank you for your input Dennis! Cheers!
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