If a buyer terminates a contract after not delivering the option fee on time, what could be a potential problem?

The potential problem arising from a buyer terminating a contract after failing to deliver the option fee on time is that the buyer may not have sufficient grounds for termination. When an option fee is included in a contract, timely payment is typically a prerequisite for the buyer to have the right to terminate the contract under certain conditions. By not delivering the option fee on time, the buyer may breach the terms of the agreement, leading to the possibility that they lose their right to terminate the contract at their discretion.

In this context, grounds for termination typically relate closely to fulfilling all contract obligations, including payment deadlines. Therefore, if the buyer originally intended to use the option to terminate, failing to comply with the option fee requirement undermines that intention, leading to a situation where the buyer's termination may not be valid or enforceable.