My friend and I bought a house and each person own 50% house. A week ago, we signed a Estate Agent Authority for auctioning this house. However, my friend now change his mind. He does not want to sell the house any more thought I still want to sell the house. He told me he will call agent to cancel the action without my agreement.
Can someone tell me what will happen in this circumstance?
1) can he cancel the agent authority within the exclusive authorised period without my agreement? if he can cancel? will we have any6 liability to the estate agent?
2) if I definitely want to sell the house to get back my shares of the house ownership, will he be forced to accept house auction? I ask this question because he told me that he wants to buy my shares at the estimated price but do not want to auction the house.
3) In case we go to court to solve the conflicts, will the court put the house in auction?
Thank for your help.
Can someone tell me what will happen in this circumstance?
1) can he cancel the agent authority within the exclusive authorised period without my agreement? if he can cancel? will we have any6 liability to the estate agent?
2) if I definitely want to sell the house to get back my shares of the house ownership, will he be forced to accept house auction? I ask this question because he told me that he wants to buy my shares at the estimated price but do not want to auction the house.
3) In case we go to court to solve the conflicts, will the court put the house in auction?
Thank for your help.