For what reason can a buyer or seller get out of a contract to purchase a residence in Florida?
A buyer or a seller can get out of a real estate contract by an inability to satisfy contingencies to that agreement. These can be things like a financing contingency that the buyer is going to obtain, a mortgage within a certain period of time, repairs that are revealed by an inspection above a certain amount or percentage of the purchase price, or an inability of the seller to provide marketable title to the property.
