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 Lawyers Corner, A one-stop centre on lawyers and queries

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francis_gf
post Nov 19 2010, 06:19 PM

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hi i am one of owner of the a residence property in JB..

our property was high cout auction on 1 july,

Successful bidder is normally given 120 days to settle the balance of purchase price.. that will be on the 29 oct

but they fail but settle it on the 19 nov.. but the bank lawyer just execpt it withou any reason...

we the originally owner was not happy the way it goes............ we want to take action but to who

BANK or BIDDER

the bank cos for allowing the bidder to settle exceed the 120 day..


or the bidder ..... failing to settle within 120 day...

or both...




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