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Updated almost 8 years ago,

User Stats

1,254
Posts
342
Votes
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
342
Votes |
1,254
Posts

Contract Shopping Security?

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

Hello

I am about to enter into a purchase agreement with a seller who has requested a closing date many months from now. How would I protect my contract with him in case he shops it and enters into an agreement with another buyer at a higher price? Is there any language that should be added to the contract or should I be recording a specific document at the Registry of Deeds / Recorders office?

Thank you