My contract does not have a time of the essence clause and my contract says on or about ___. I had a guaranteed person taking over my lease and now they have backed out and I’m hoping to extend 30 days to have time to either get a new one or pay the break lease fee. I read online that 30 days is a reasonable time to extend the lease in good faith. Can the seller back out of my contract over this in NY? Does anyone foresee this to be an issue? Is this a reasonable request for an extension? I am freaking out.
Any tips would be appreciated !
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source https://www.reddit.com/r/RealEstate/comments/1rd39id/i_need_to_extend_my_closing_by_30_days_as_a_buyer/
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