Car Sale
A man today 06/02/2007 signed a Bill of SAle stating that he purchased my car for $8500 as is – his bank made the cashiers check payable to my lienholder to obtain the title, this was also notarized- He emailed me and told me there is water on the floor board, and does not want the car anymore. He also requested proir to transaction that the car have some specific things checked so I did and gave him a copy of this done by merchants – Is he legally bound?
Re: Car Sale
Well, now, has the check been cashed and your lienholder now been paid off or not? What else would likely matter now (in a material sense) at this particular juncture in the case?
And, yes, of course, this apparently disgruntled buyer is now bound by the contract of sale, but if his check hasn’t yet cleared by now and your lienholder paid off, there could be, obviously, problems—for you as the seller.
Michael E. Hendrickson
Attorney & Counsellor at Law
211 North Union Street Suite 100
Alexandria, 22314