Property Law 5 things you need to know before signing a Promise of Sale Agreement While a sale is a bilateral contract wherein the appearing parties reciprocally promise to each other to, on one hand, transfer and deliver the object…MMA EditorJuly 19, 2023
Procedural LawProperty Law You can only sell what you have A promise of sale agreement could not have been entered into because the seller did not yet own the property. This was held in John…MMA EditorJune 15, 2023
Property Law Parties may not follow through on promise-of-sale if earnest (kapparra) is paid If the purchaser pays earnest (kapparra) the parties may not contract the sale, however, the payment will have to be refunded or else the vendor…MMA EditorApril 24, 2022