[Solution]Real Estate

You have agreed the form of contract with the seller’s solicitor and sent it to Jasmine for signing in preparation for exchange of contracts. The…

You have agreed the form of contract with the seller’s solicitor and sent it to Jasmine for signing in preparation for exchange of contracts. The front page of the contract is attached. You may assume that you do not need to see the other pages of the contract to answer this question. You have also agreed the form of transfer with the seller’s solicitor and sent this to Jasmine in the same package.

Jasmine has sent you an email querying certain aspects of the contract. The extract from the email containing her queries is reproduced below:

Why have you sent me a contract and a transfer? Aren’t both documents doing the same thing?

 Why does there need to be a “Contract Rate”?

 I may have forgotten to tell you, but have agreed to pay an extra £1,500 for the curtains, carpets and white goods. Is this covered somewhere in the contract?

 This is a very big purchase for me. Can I change my mind once contracts have been exchanged?

Answer your client’s queries on the contract. .
The post Real Estate

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