Some buyers will present an unconditional offer, which means that no specific conditions are necessary. Some buyers include in their offer one or more conditions (which must be met before a given date). Ask your lawyer or intermediary to check the sales contract and any terms you or your buyer include before signing it. These are some common conditions: No property when closing (technically in my area on the same day, once the keys are legally registered, according to which the keys are transferred) – could be a real problem: the buyer who mortgages a property must have insurance and has most likely put utility companies on their behalf for that day. The new buyer is responsible for the house at the time of check-in. Let the seller drag on those who might be reckless or worse, angry, revengeful. Come on! I do not want to have them, even for a minute, in my new home, and even less, as many posters have pointed out, it is only in an empty house that you can see everything during the walk. When the water closed, it was discovered that the vendors had already hidden under a sofa in the cellar. It wouldn`t have been the case if they always had their garbage everywhere.
I lived in DC, HI and KY and ownership at closing (or, in HI, at the end of fiduciary service) was the norm in all of these places. Download the Chinese version of the residential real estate sales contract guide Taps are fixed or fixed to the property permanently (for example. B garden house, showers and electrical wiring) and are included in the title deed. All other movable property is movable property and is only included in the sale if it is expressly mentioned in the contract of sale. Why not move before the shipping deadline? As a buyer, I would ask to close an empty house, make the passage just before closing and take possession when closing. In other words, the keys are handed over when closing (except rental agreement), and a walk is about to close. Most people try to evacuate until the day of closing, because whenever there is a property after closing, you must have 2 passages at the end: one on the day of closing and another when the house is evacuated. In addition, money is generally considered a fiduciary discount for all problems detected during the last exemplary procedure. Even without a date of possession, the buyer can appeal to the consumer court or the RERA due to an undue delay in the delivery of the property. In these cases, decisions have been rendered in favour of the buyer by various rera authorities. As in the case mentioned above, the contracting authorities were ordered to repay the amount paid with interest.
Some important considerations for a buyer from a lawyer`s perspective: 1. Make sure the completion day takes place on a day of the week. Most law firms are closed on weekends, so don`t blindly choose the last day of a month when setting a day. Check that this day is a day of the week. 2. Consider making it easier for all parties involved and having the day of possession the day after the completion date.