Verified answer

you can break any contract you want.

You are not asking the correct question. "What will be the outcome if I break a contract on buying a new condo . . ."

You could lose your deposit and the builder/seller could sue you for additional damages.

You might be able to get out of it if the seller has an alternate buyer or if you beg really hard. Other than that, a contract is a contract and you can be held liable for the execution of the contract. Either way, expect to forfeit any earnest money you put down.

Yes, in theory, you can break any contract, as long as you are ready to handle the worst-case outcome of paying damages (including any restitution, expectation, incidental and consequential damages). Your contract and broker will tell you what to expect in your particular case (i.e., forfeit all or part of your deposit).

if you have not closed and you have not gone past your ACCEPTANCE

date, [of inspection], you can say you do not accept the condition.

IN most states, the seller has a right to fix up things the

buyer does not like IF the buyer has made an offer that

was accepted./

--if you are past those days, ASSIGN THE CONTRACT to someone

else.......

Tell them that you are illiterate and cannot even write. They will believe you after reading the sentence you wrote with its two spelling errors.

If your offer was properly worded there are probably a couple loopholes for you to escape through.