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  1. #11

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    Quote Originally Posted by rocket View Post
    I don't engage him until very late stage ie when the agreement is unconditional.
    isnt that a bit late to engage a lawyer? If there are problems legally and/or other, it's too late to do anything to sort it by then.

  2. #12
    Join Date
    Mar 2015
    Posts
    254

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    You must always put clauses to fizzle out if it doesn't suit your needs

  3. #13

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    Quote Originally Posted by rocket View Post
    You must always put clauses to fizzle out if it doesn't suit your needs
    then by definition it's not unconditional... Right?

  4. #14
    Join Date
    Mar 2015
    Posts
    254

    Default

    I should rephrase
    Only engage your lawyer once you are sure you will go unconditional

  5. #15
    Join Date
    Jan 2011
    Location
    Christchurch
    Posts
    818

    Default

    Again that seems too late. I usually engage a lawyer when the contract is signed. Some would say that is too late. Last time I asked them for recommended clauses to add to the standard contract before signing. With all the quake complications you don't want to leave yourself open to problems.

  6. #16
    Join Date
    Mar 2015
    Posts
    254

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    Quote Originally Posted by Keys View Post
    ? (maalmfc)
    Quote Originally Posted by DazRaz View Post
    Again that seems too late. I usually engage a lawyer when the contract is signed. Some would say that is too late. Last time I asked them for recommended clauses to add to the standard contract before signing. With all the quake complications you don't want to leave yourself open to problems.
    Depends on how many real estate transactions you have done. For a freshie with no experience & no fear appetite the comfort of having a lawyer by their side is good enough. For me they add no real value until mortgage stage.

  7. #17

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    Quote Originally Posted by rocket View Post
    Depends on how many real estate transactions you have done. For a freshie with no experience & no fear appetite the comfort of having a lawyer by their side is good enough. For me they add no real value until mortgage stage.
    i agree level of experience does matter and can change when you engage your lawyer...

    Why do you feel lawyers add value with what is broadly a straight forward process/contract vs. the purchase process that can often have more complexity?

  8. #18
    Join Date
    Mar 2015
    Posts
    254

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    Quote Originally Posted by Keys View Post
    ? (maalmfc)
    Quote Originally Posted by Don't believe the Hype View Post
    i agree level of experience does matter and can change when you engage your lawyer...

    Why do you feel lawyers add value with what is broadly a straight forward process/contract vs. the purchase process that can often have more complexity?
    Are you asking for more information or just for fun sake?

  9. #19

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    Quote Originally Posted by rocket View Post
    Are you asking for more information or just for fun sake?
    To be honest, I've lost interest

  10. #20
    Join Date
    Mar 2015
    Posts
    254

    Default

    Quote Originally Posted by Keys View Post
    ? (maalmfc)
    Quote Originally Posted by Don't believe the Hype View Post
    To be honest, I've lost interest
    I knew that ... it's nothing to debate about 🤓


 

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