Have a bit of a dilemma, hoping someone can give me some peace of mind etc.
We have previously put a offer in on this property subject to Code of Compliance (COC). On the day it goes unconditional, vendor pulls out as there is abit of work to do to get the code.
The vendor comes back and offers it to us, abit more money, ok - we will pay, property still worth it. We are now worried that even though we sign a conditional contract on getting the COC, it wont definfelty be ours, until it goes unconditional and she could pull out at any time. Is there a legal way to nail this contract so it is definelty ours? We will pay deposit to lawyers no problem, but she could still pull out!!!
Settlement wont be until End of march, when the COC has been issued or sooner. That is still 3 months away. She assures us that we have the house, and i do trust her, she is a lovely lady, but life can be complicated!!
Thanks everyone!
We have previously put a offer in on this property subject to Code of Compliance (COC). On the day it goes unconditional, vendor pulls out as there is abit of work to do to get the code.
The vendor comes back and offers it to us, abit more money, ok - we will pay, property still worth it. We are now worried that even though we sign a conditional contract on getting the COC, it wont definfelty be ours, until it goes unconditional and she could pull out at any time. Is there a legal way to nail this contract so it is definelty ours? We will pay deposit to lawyers no problem, but she could still pull out!!!
Settlement wont be until End of march, when the COC has been issued or sooner. That is still 3 months away. She assures us that we have the house, and i do trust her, she is a lovely lady, but life can be complicated!!
Thanks everyone!
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