- Jurisdiction
- Alabama
I am needing legal advice, I am a first time home buyer. My contract has a "time is of the essence" clause with a specified closing date. Due to the sellers deciding to travel on the closing date, they are trying to extend the closing date. This is difficult due to mine and my husbands work schedules. If we do not want to wait several more weeks to close, can we back out of the contract without risk of being sued? Thanks for any help!