Q: After entering into a contract for sale/purchase with the seller, the buyer decided that he’d rather close in March than on the January 30 closing date contained in the contract. We sent an addendum requesting an extension of the closing date to March 1, but the seller rejected our request. Do we still have an enforceable contract?
A: Yes. The fact that the parties failed to reach a meeting of the minds on a proposed modification doesn’t affect the enforceability of the existing contract.