All You Need To Know About The Contract Of Sale

Do you intend to purchase a property? The contract of sale is a document that details the terms of property purchase. Failure to understand the contract’s clauses could expose you to legal or financial liabilities in the future.   The excerpt below discusses what buyers should look for in a contract of sale.  Disclosures The seller should disclose all property defects. These could include a faulty drainage system, leaking roof, contaminated land or susceptibility to natural disasters such as floods or fires.…