SUSPENSIVE CONDITIONS

SUSPENSIVE CONDITIONS: conditions included by the buyer or the seller which must be fulfilled for the agreement to become a binding sale agreement. These conditions allow the buyer or the seller to cancel the agreement, without penalty, if one or more of the conditions are not met within an agreed period of time.

Buying/selling a Property
Learn about the legal process surrounding buying or selling a house in South Africa. A person (“buyer”) must contact his/her bank to find out whether or not s/he qualifies for a home loan and if so, what amount s/he qualifies for.
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