Hi All, just want to check on 2 things here. My draft SPA states vendor will need to pay me 2 x 10% should he back out after signing SPA. What about the legal fee which I pay? can I put 2x10% plus my upfront cost of legal fee since I will still need to pay that if he backs off?
Secondly, since my property was just issued CF, there are some defects that need to be repaired. I tried to put it in the SPA that vendor should rectify before the end of SPA but vendor says thats not his problem and he should only inform and chase developer. How do I protect myself against this ? ZThanks in advance
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Oct 14 2011, 07:42 AM
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