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a salesperson is holding an open house. a married couple looks at the house and tells her thehouse is just what they have been looking for but they had signed a contract to purchase a house down the street the day before. the salesperson tells them that they can sign a contract with her to purchase the house and simply not complete the purchase that they had contracted to buy the day before. is this permissable?

User MichaelV
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1 Answer

4 votes

Final answer:

It is not permissible to sign a contract for a new house purchase while already under an existing contract without facing potential legal and financial repercussions.

Step-by-step explanation:

No, it is not permissible for the couple to sign a new contract while they are already under an existing contract for a house purchase. Depending on the terms of the first contract, they may face legal repercussions for backing out, such as losing their deposit or being sued for breach of contract.

A salesperson should not advise clients to engage in actions that would violate their contractual obligations. The decision to back out of a housing contract should be made with careful consideration and legal advice, as there may be financial and legal consequences.

User Onosendi
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