110 Days To Close - Reasonable?

[sethschroeder]

Ok. So Disney can still exercise ROFR until closing, but have to be given at least 30 days. So, as others have said, the agent seems to be giving Disney as much time as they want in order to "stay on their good side." But they could legally go ahead and close once Disney has had 30 days in which to exercise ROFR.

It seems to me that delaying closing beyond that is not working in the interest of the buyer or seller, both of whom are their clients... not Disney.

Depends as a seller do you want to pay $150 for estopple if not needed?

I would say though there is a fine line because is it also good for a buyer to cut a check for $10k-$20k-$30k and then have Disney grab the contract at the last second via ROFR? Lets say the morning before the contract was being sent to the county for recording? (Again not sure where the "line" is)