Selling of a car I sold a car to a residence of NC on 12/19.

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Selling of a car
I sold a car to a residence of NC on 12/19. A bill of sale was signed however no money was exchanged. The car was given to purchaser on good faith. Credit union was to send the payment to my finance institution. I paid the remainder balance to my finance insitution and was told things would be done bt 12/28. I call his credit union and is now told he doesn’t want to buy the car. I have a bill of sale and everything and he has ownership of car. Isn’t he legally binded to buy the car because the bill of sale was signed as is and I kept my end of the bargain?

One thought on “Selling of a car I sold a car to a residence of NC on 12/19.”

  1. Re: Selling of a car
    The answer would depend on what language was used in your sales contract and in your bill of sale. The arrangements for payment should have been spelled out specifically.

    Glen Ashman
    Ashman Law Office
    2791 Main Street EAST POINT
    Atlanta, GA 30344

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