Whether you are a first time buyer, or trading, or scaling down, the purchase or sale of your home is a main experience. Contracts of purchase or sale must be carefully composed and re- examined, in order that they protected you from such latent inconveniences as:
- You sign an agreement to purchase that does not contain a clause making the purchase dependent upon a satisfactory home examination. After you purchase the house, you find it has significant defects.
- You formally agree to buy a big construction with the intention of turning it into a number of rental apartments, just to find afterwards that the property is not zoned for that use.
- You sign a contract selling a property but you do not understand your commitments in case that any deficiencies are found in the property.