Research report
17 March 2015
Sale and purchase agreement
What should be in the legal contract for purchasing a section, and what legal advice should you get before you sign.
When you buy a section from someone, you are entering into a contract with you as the purchaser and them as the vendor. You sign a sale and purchase agreement, which will contain the terms and conditions for purchase of the section.
The sale and purchase agreement will usually be drawn up by the person selling the section, or by the real estate agent.
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