Quote:
Originally Posted by Eric Coffey
That said, in many instances/jurisdictions an accepted offer may not be binding, and is subject to confirmation by the court. It can serve just to "get the ball rolling" so to speak.
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Brother could be selling the family home before mom's family entire 50/50% probate between two kids has been settled.
Your offer accepted in the meantime and finalized in writing.
Done deal?
Not by a long shot.
Sister now correctly claims crackhead brother unilaterally sold other mutual property which should have been split fairly with her, such as the car and silverware.
And (more importantly to you), that the property price was unilaterally undervalued for a quick sale and should be re-listed at market value.
Judge agrees.
Sale nullified.
(Just making this stuff up, but I'm sure it's probably already happened in the legal system whether in the hundreds or millions).