In California, what are the consequences if a seller decides to walk out of a deal after verbal agreement?
by 
Chee Wong
ANSWERS: 3
-
In California, anything regarding the sale of real estate needs to be in writing. You should check with a real estate attorney if you are having issues with someone over a verbal agreement.
-
6-26-2017 A verbal agreement is not worth the paper it's written on.
-
There are two issues that would determine any possible consequences: 1. That you can prove there was a specific agreement calling out costs and exactly what and how much was being sold. A witness or the other party admitting to the deal would probably work. 2. If no goods changed hands and no payments were made you would have to prove what damages you suffered because of the other party backing out of the deal. Only if there were real damages you could possibly sue and then only for exactly what those damages were but not any more. No damages means no money awarded (regardless of breech) and absolutely not worth pursuing.
Jewels Vern 
OC Joe RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC