I know about real estate transactions, and I've never had a problematic gun purchase.
But, How does the law deal with these things?
You have offer, and acceptance, but when exactly does the sale occur? Is it when funds change hands,when merch rec'd? Then what? What if it isn't as described? What if it isn't functional? What constitutes funds? Cash only? Stamps? Certified funds? Wire transfer? Opening LofC?
How long after exchange of funds must I wait before I sue for specific performance?
I don't want to now what is customary, I want to know what the real applicable laws are.
Any legal eagles wish to lay this one out?
