When bond clauses sink sales…
“Before anything else, preparation is the key to success” (Alexander Graham Bell) You sell your house, give the signed sale agreement to your attorney, and wait to get paid out as soon as the property transfer is registered in he Deeds Office. What could possibly go wrong? Quite a bit as it turns out, but […]
Your property sale agreement: Be careful how it’s worded!
“In war and litigation, both sides suffer” (old Roman proverb) Here’s yet another reminder from our courts on how important it is – if you want to avoid the trials of litigation – for you to have your property sale agreement drawn up professionally. One thing it must do, as the case in question clearly shows, […]
PLOT AND PLAN: THE STRANGE CASE OF THE UNSIGNED SALE AGREEMENT
You buy a plot in a residential development and the developer agrees to build you a house to stated specifications and plans. You pay in full for the plot and it is transferred into your name. All good so far. But then you fall out with the developer over the costs, finishes and other specs […]