Subsale vendor last 90% goes to seller or law firm, Vendor no loan. Seller's own lawyer.
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 Jun 12 2024, 08:47 PM, updated 2y ago
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#1
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Newbie
13 posts Joined: Jul 2017 
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Hi sifus,
Very quick question. For subsale, if the property has no loan. Does the buyer's bank release the 90% funds to seller's bank account or to seller's lawyer. Or need to imply condition for this arrangement? i.e direct seller account. Thanks. |
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Jun 12 2024, 09:00 PM
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#2
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Newbie
13 posts Joined: Jul 2017
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QUOTE(WaCKy-Angel @ Jun 12 2024, 08:56 PM) To lawyer acc first. Then only disburse to seller Why? Shouldnt it go accordance to SPA listed party? How does the lawyer's bank details come into the arrangement? |
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