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Buying and Selling Property » Frequently Asked Questions » On the eve of exchange of contracts, as purchaser, what tasks should I check have been completed?
Frequently Asked Question - On the eve of exchange of contracts, as purchaser, what tasks should I check have been completed?
- You could check if the draft contract has been approved and one of your copies has been returned unsigned to the seller.
- Acceptable replies have been received in the Seller's Property Information Forms or Enquiries before agreement.
- If you are content with the replies you received to the forms you sent to the council, what you learned on your fact-finding tour and to your Water Company and environmental hunt.
- If you see that the Office Copies revealed anything such as a caution or a Matrimonial Home charge, the vendor has obtained cancellation of the registration of such a charge or notice.
- If you have got a firm offer of a mortgage.
- If it applies, you have your own sale tied up. If a deposit cheque bounces, the contract is automatically washed out.
- You have checked that everyone over the age of 18 who lives in the house is prepared to move, whether their names appear on the register or not, by getting them to sign a statement to this effect in the contract.
- If you see that there is no trouble with the survey of the property.
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