Does a buyer have to accept an offer from a third party to purchase a property from a second party?
California, United States of America
The following excerpt is from Wesley N. Taylor Co. v. Russell, 15 Cal.Rptr. 357, 194 Cal.App.2d 816 (Cal. App. 1961):
Deeble v. Stearns, 82 Cal.App.2d 296, 299, 186 P.2d 173, 175: 'Appellant was not bound to accept the offer of the purchasers without a reasonable opportunity to satisfy himself both as to the purchase price of
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