White Logo.png

Call us:  1-646-883-0082

Get free advice from our community

Rate this answerNot HelpfulSomewhat HelpfulHelpfulVery HelpfulPerfect!Rate this answer

The seller just accepted my offer. Is this legally binding?

No. In New York, a deal is not legally binding until the buyer signs a contract, provides a contract deposit (usually 10% of the purchase price) and the seller countersigns and delivers the fully executed contract.

Answered by:

Alexander Suslensky

This answered has been rated:


 Ⓒ 2018 Scout.

1177 Avenue of the Americas, New York, NY 10036

  • Facebook - Grey Circle
  • Twitter - Grey Circle
  • Instagram - Grey Circle