Contracts
A Washington purchase agreement states 'closing on or before October 15.' The buyer is ready but the seller needs until October 20. If the parties don't modify the agreement in writing, the buyer may:
ABe required to close by October 15 regardless
BEither enforce the October 15 deadline or agree to extend in writing✓ Correct
CAccept the seller's delay without penalty under Washington law
DClose on any date within 60 days
Explanation
A closing deadline in a Washington contract is enforceable. If the seller cannot close by the agreed date, the buyer may choose to enforce the deadline (potentially treating the seller as in breach) or agree in writing to modify the closing date.
Related Washington Contracts Questions
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