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 possible to cancel after signing SNP?

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powerlinkers
post Nov 14 2019, 07:16 AM

On my way
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Junior Member
652 posts

Joined: Jun 2017


why do you want to complicate yourself?

it would be simple if you just pay him rm50k deposit, just state in the agreement.

if bank disburses extra money: it should be returned back to you by the lawyer.

do not trust the seller, do not trust and simply give rm20k. do not think you can cash a cheque in the future. you might not get anything back in the future.
simple advice bro: do not ever trust the seller.
powerlinkers
post Nov 14 2019, 07:18 AM

On my way
****
Junior Member
652 posts

Joined: Jun 2017


QUOTE(mini orchard @ Nov 14 2019, 06:42 AM)
In a negotiated snp contract, the terms of payment can be varied. Is is NOT fixed at 10% on initial and 90% thereafter.

If the seller wants a higher down, eg 20%, it can also be done with the agreement of buyer.... 20:80, or 30:70 or whatever agreed.

Do it the formal way so that everything is stated clearly on the Snp.

Your lawyer should be able to advise you.
*
\agreed. this would be the best choice.
do not trust the seller/

 

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