Sentences with phrase «contract voidable»

Not exact matches

Note that some states require real estate contract to be in writing or else they are voidable by either party.

«If you don't maintain an «active» status in the state that you do business in, then you run the risk of all contracts that you have with third parties being voidable by the third party.»

If the third party buyer takes for substantially equivalent value and had no notice of the prior purchase deal, the third party buyer would have good title; if third party buyer did not purchase for value or had actual or constructive notice of the prior purchase deal, the third party's title would be voidable in a suit to seek specific enforcement of the purchase and sale contract against the seller.

There are many reasons that a contract can be void or voidable.

In extreme cases, acts or the threat of acts which are outside the terms of the contract and therefore unlawful (such as unjustified increases in margin) might render the proposed variation voidable for «economic duress».

The CFLPA argued that this made Williams» contract (including the Tiger Cats» option for the third year) voidable.

Section 47 - 270 (c) states that a purchase contract is «voidable until (1) the expiration of five days, excluding Saturdays, Sundays and legal holidays, after the certificate and documents have been delivered to such purchaser or such purchaser's attorney... or (2) conveyance, whichever first occurs.»