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Have you experience seller cancelling deal?, after 3+1 months
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Cannot Tahan
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 Feb 11 2010, 10:53 PM
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Getting Started
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QUOTE(leongal @ Feb 11 2010, 05:31 PM)  I am worried now that the seller may want to cancel the deal after the 3+1 months. We are entering into the 3rd month now, and bank is about to make first drawdown; some delay due to typo error from the seller's lawyer - this week just wasted!!! And the seller mentioned in the email seems like giving me a "warning" that it has to be completed by then - which is mid March what should i do? shoe polish the seller? Read ur SPA. 3 + 1 is subject tp conditions, the delay caused by the vendor must be excluded. Dont u have a lawyer? |
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Cannot Tahan
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Feb 13 2010, 03:06 PM
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Getting Started
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QUOTE(dvinez @ Feb 12 2010, 05:17 PM) common excuse sis ! anyway he wont cancel because he make profit by selling you..if find buyer again waste time & money.. I would love to terminate after 3 + 1 coz i could forfeit the 10% and sell to another buyer.
Added on February 13, 2010, 3:08 pmQUOTE(airline @ Feb 13 2010, 10:43 AM) u just pay interest after 3+ 1 lo. First 3 months = As of right + 1 month = 8% per annum the 5th moth = Vendor can terminate and forfeit. Honestly, better being non advice rather than being ill advised. This post has been edited by Cannot Tahan: Feb 13 2010, 03:08 PM |
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