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 why lawyer dont date the SPA documents?

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TSsyzsiew5991
post Feb 3 2023, 03:11 PM, updated 3y ago

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why lawyer dont date the SPA documents?

to give sufficient time for loan to disburse? or others?

pls enlighten me

mini orchard
post Feb 3 2023, 03:54 PM

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QUOTE(syzsiew5991 @ Feb 3 2023, 03:11 PM)
why lawyer dont date the SPA documents?

to give sufficient time for loan to disburse? or others?

pls enlighten me
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Any document for stamping must be stamped within 30 days from date of agreement, otherwise there will be penalty levied.

The reason why spa not dated during signing is because if there is any delay from either party after the date, someone has to pay the penalty.

This post has been edited by mini orchard: Feb 3 2023, 03:56 PM

 

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