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Artiztic1

07/19/11 9:46 AM

#120539 RE: col50 #120530

Correct and I agree, however if this referral agreement was signed after entering escrow and without Rock's knowledge or permission then they don't have to honor squat.

I have purchased businesses and we either live with the contracts in place at time of signing or we buy them out and pay the early terminitation penalty. That is what DD is for to determine what obligations your are purchasing and which ones may have clauses to let you out or them out of the contract. That is how it works in the States anyway. This statement is based on my personal experence only.

Rawnoc

07/19/11 10:04 AM

#120553 RE: col50 #120530

Your statement is accurate. Contract law 101.

Zardiw

07/19/11 10:29 AM

#120563 RE: col50 #120530

Thanks for that info Col....and Welcome to JBII!.......et z