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Is a purchase and sales agreement binding after the sale of the home if it reflects
wrong information? We purchased a home in January and the purchase and sales had one closing date on it, which wasn't abided by. It also stipulated that we would pay for oil when we bought the home. However, as an agreement had been made to allow the sellers to live in the house for an additional month after closing in exchange for not having to pay for the remaining oil, any oil fees were not included on the HUD form (where the normally would be) that we signed at closing. In other words, other than the purchase and sales, it is not in writing anywhere that we would pay for the oil, or what we would pay. We are now being sued for the oil money. Can the sellers' attorney enforce the purchase and sales when the closing date on it was not abided by? Are we going to win or lose?
It did. However, there was no oil price or oil fee on any of the closing paperwork.
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