Subject to Sales

I12. Subject to the Sale of Another Property

Sellers often have to accept ‘subject to’ offers on a property. What does this mean for the buyer and seller? In any sales agreement, there are some clauses that can cause a certain amount of confusion. In terms of property sales, a common clause included in many agreements is that the sale of the property is subject to the sale of another property. This is a suspensive condition, meaning that the...

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