Newbie to this hours buying shenanigans:
Presumably the fact our solicitor has called us in to sign the contract means he HAS the vendor's signed contract in front of him.
He has asked for us to prove ID and to produce bank statements on that day. There has been no mention of deposit.
Tell me, once the ink dries, does that mean we've 'exchanged'? Or is there a period for deposit funds to clear (assuming a deposit is required!)?
Obviously questions we can ask our recalcitrant solicitor BUT we won't get the chance before Monday and we need to tell our landlord we're moving out pdq!
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OK, we, the purchasers, sign The Contract on Monday. Does that mean we've 'exchanged'?
3 replies
faraday · 20/08/2009 19:29
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