Continue reading to learn everything you better know.
For the purposes of convenience and saving time, we have gathered a couple of templates.
What is an offer to purchase in South Africa?
Image: pixabay.com, befunky.com (modified by author)Source: UGC
Acceptance is by placing their signature on the document as required.
The short answer is no.
This includes location, utilities, fittings, aesthetics, and price.
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How long is an offer to purchase valid?
As a rule, there arefour instanceswhere an offer to purchase becomes invalid.
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Remember, it only becomes legally binding upon the sellers acceptance.
This means that it never becomes legally binding.
If and when the time stipulated has lapsed, the offerbecomes null and void.
Image: pixabay.com, @image4youSource: UGC
If the seller were to sign it afterwards, it would not be legally binding.
Any action you take upon the information presented in this article is strictly at your own risk and responsibility.
She has a Bachelor of Commerce & IT from the University of Nairobi and joined Briefly.co.za in November 2019.
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The writer completed a Google News Initiate Course.
you’ve got the option to email her at perisrodah254@gmail.com.
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Image: pixabay.com, @mohamed_hasanSource: UGC
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Image: pixabay.com, @mohamed_hasanSource: UGC
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