Had an conditional offer on a property subject to lawyers search and builders report. No builder ever showed up and conditional period has just ended with a message that they won't go unconditional because they think there's too much work needs to be done to turn a good profit.
What's the legal standing of this? Does it automatically flick to unconditional because the reason has nothing to do with any of the conditions and the time-frame for the conditions has now passed or are their other ramifications? Suerly for a builders report not having one done (at the very least) doesn't meet the "all things reasonably necessary" criteria.
Thanks
What's the legal standing of this? Does it automatically flick to unconditional because the reason has nothing to do with any of the conditions and the time-frame for the conditions has now passed or are their other ramifications? Suerly for a builders report not having one done (at the very least) doesn't meet the "all things reasonably necessary" criteria.
Thanks
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