Avi Strauss
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Blog / 02.03.25 /Avi Strauss
Court Victory Highlights the Importance of Understanding a Contract’s Terms and the Conditions for Obtaining Equitable Relief
Our client, the seller of a five-story mixed use building, entered into a contract with a Time of the Essence (TOE) closing date. The purchaser was not ready to close by the TOE closing date, but by amendments to the contract, the parties twice extended the purchaser’s time to close. As the final TOE closing …
Blog / 02.15.24 /Avi Strauss
The Right to Sue for Specific Performance
A potential purchaser is right to invest ample time, money and effort in the due diligence process before signing a real estate contract of sale. Once the contract is signed, the purchaser can finally allow themselves to dream about the tantalizing possibilities presented by the acquisition. It is therefore frustrating – if not downright devastating …
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