Contracts (alternative)
A Maryland real estate purchase contract that becomes 'void' is:
AA contract that one party can choose to enforce or cancel
BA contract that has no legal effect — it is treated as if it never existed✓ Correct
CA contract subject to court approval before enforcement
DA contract that MREC must review
Explanation
A void contract has no legal existence or effect from the beginning — it cannot be enforced by either party. Examples include contracts for illegal purposes.
Related Maryland Contracts (alternative) Questions
- In Maryland, a 'right of first refusal' in a lease is triggered when:
- A Maryland seller who receives multiple offers simultaneously is:
- A Maryland seller refuses to close after all contingencies have been removed and the buyer is ready to proceed. The buyer's best remedy is likely:
- A Maryland buyer presents a full-price, cash offer with no contingencies. The seller is legally required to:
- Maryland's Residential Property Disclaimer means the seller is stating:
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- In Maryland, a contract 'subject to the sale of the buyer's home' is an example of a:
- In Maryland, a purchase contract that requires the buyer to use a specific title company is:
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