when can get house key?, after S&P ?
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 Nov 16 2009, 05:08 PM
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#1
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1,475 posts Joined: Dec 2006 From: Paradise   
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QUOTE(Chester @ Nov 15 2009, 06:30 PM) Immediately after you signed SPA, the whole process will take max 3months. Exceeding 3months, either vendor have to pay you or you have to pay vendor, depending which party delay. 3 days after your bank make full payment to the vendor, you should get the key. Again, any delay the vendor will pay you interest as per your signed SPA. in between this 3 months, they do not calculate a few weeks for bank use to do their stuff. so its actually around <4 months. |
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Nov 16 2009, 05:48 PM
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#2
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Senior Member
1,475 posts Joined: Dec 2006 From: Paradise
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QUOTE(leongal @ Nov 16 2009, 05:26 PM) does it include public holidays? not sure, but u can ask your lawyer.from what i know, it includes, times for vendor bank to prepare docs/sign/stamp those stuff. |
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