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What happens if the legal searches highlight any problems with the property?

April 26, 2017happens highlight Legal problems Property Searches

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What happens if the legal searches highlight any problems with the property?

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If your lawyer finds any legal problems with tht e property you wish to buy, then you will receive your deposit back. It if for this reason that the deposit is held in Trust until the final contract signing and not paid directly to the seller.

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If the searches highlight any problems you will receive your deposit back in full. This is why the deposit is paid to the solicitor and not to the vendor.