Admin

How competitive are you at different Law Schools?

Enter your LSAT and GPA scores and find out!
GPA: out of 4.0
LSAT: out of 180

Student Resources

Law school matching
LSAT Prep
Law School Rankings
Law School Search
FREE Law School Outlines
Click the nut
Legal Forums arrow Legal Forums
Legal Forums
Welcome, Guest
Please Login or Register.    Lost Password?
Legal Forums Attorneys Business and Corporate Law
Re:recession of a contract? (1 viewing) (1) Guest
Go to bottom Post Reply Favoured: 0
TOPIC: Re:recession of a contract?
#6065
Samantha (User)
Gold Boarder
Posts: 199
graphgraph
User Offline
recession of a contract? 1 Year, 12 Months ago Karma: 2  
If parties to an agreement sign an agreement but dont close on the agreement, then they update the agreement and sign the new agreement, do they need to rescind the 1st agreement in order for the second agreement to be valid??
 
Report to moderator   Logged Logged  
  The administrator has disabled public write access.
#6085
Dingo (User)
Senior Boarder
Posts: 49
graphgraph
User Offline
Re:recession of a contract? 1 Year, 11 Months ago Karma: 0  
Just prepare a termination letter and submit it prior to closing, assuming that there is a provision in the agreement that permits termination of the agreement prior to closing. That way the first contract is termination and the courts will not "merge" the to agreements into one. That could be a mess!
 
Report to moderator   Logged Logged  
  The administrator has disabled public write access.
#6097
Jackie (User)
Gold Boarder
Posts: 176
graphgraph
User Offline
Re:recession of a contract? 1 Year, 11 Months ago Karma: 3  
I second Dingo's statement. Also make sure that the termination is delivered in a manner consistent with the agreement and reference the provision in the agreement which permits termination of the agreement prior to closing.
 
Report to moderator   Logged Logged  
  The administrator has disabled public write access.
Go to top Post Reply
Powered by FireBoardget the latest posts directly to your desktop
 

LegalNut Resources

Attorney jobs listings and sites with attorney salary information, attorney job search functions, and salaries by law firm.

Law school rankings show how competitive your lsat scores would be at top law schools in the US.

Law school admissions advice is available both at the LSAT forum and throughout the pre-law section, including LSAT prep options, law school personal statement help, LSAT score distributions and law school bar exam pass rates.

Copyright © 2006 - 2012 Rochester Ideas, LLC. All rights reserved.