kevink replied to the topic Can a vendor pull out of house sale contract after exchange of signed contracts ?? in the forum Help Needed! 12 years, 8 months ago
Thank you all for your prompt responses….Will update you once I have the outcome.Cheers
kevink replied to the topic Can a vendor pull out of house sale contract after exchange of signed contracts ?? in the forum Help Needed! 12 years, 8 months ago
Who should appoint a property lawyer in above case?Real estate agent or the purchaser? Please be aware that the property was sold through a real estate agent. Puchaser doesn't have direct link to vendor.Thanks
kevink replied to the topic Can a vendor pull out of house sale contract after exchange of signed contracts ?? in the forum Help Needed! 12 years, 8 months ago
I agree with Terryw, the owner seems to be locked……Either one of the purchaser has to withdraw the contract or vendor will be sued by either purchaser……The only way out for a vendor that I can think of is that If purchaser has signed the contraction with "subject to finanace' and his finance doesn't go through…………This is the only…[Read more]
kevink replied to the topic Can a vendor pull out of house sale contract after exchange of signed contracts ?? in the forum Thanks for all the 12 years, 8 months ago
Thanks for all the suggestions……Just adding some more points here………
Property contracts were signed by vendor for two different real estate agents and from whom I got it, had the exclusive right to sell the property………..
The second real estate agent also had exclusive right to see the property before but he wasn;t able to sell…[Read more]
kevink replied to the topic Can a vendor pull out of house sale contract after exchange of signed contracts ?? in the forum Help Needed! 12 years, 8 months ago
Thanks for all the suggestions……Just adding some more points here………Property contracts were signed by vendor for two different real estate agents and from whom I got it, had the exclusive right to sell the property………..The second real estate agent also had exclusive right to see the property before but he wasn;t able to sell it…[Read more]
kevink started the topic Can a vendor pull out of house sale contract after exchange of signed contracts ?? in the forum Help Needed! 12 years, 9 months ago
Hi All
I require some general help before i go and appoint a lawyer to deal with this issue>
I am first home buyer who put a offer of home purchase 4 days ago and it was excepted by vendor and contract of sale has been exchange by both of us via a real estate agent.
Now the vendor has signed another contract with some other purchaser for either…[Read more]