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Energy & the Law

Category Archives: Purchase and Sale Agreements

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More Title Work Needed? The PSA is Still Enforceable

Posted in Purchase and Sale Agreements

Maybe you’ve been there.  All signals are “go” for closing on your PSA.  Then the buyer chooses not to complete  the transaction.  What to do? A question your lawyer will think about when asked to enforce a purchase and sale agreement: Does it describe the property well enough to comply with the statute of frauds?  Preston Exploration… Continue Reading