What is the procedure for selling or purchasing property?
The purchase of a property either by way of a conveyance or share transfer has a similar procedure listed here as to both seller’s and buyer’s respective parts: 1. Offer, most commonly through the medium of an Estate Agent. This should be made “subject to contract”. 2. Acceptance of offer and the instruction of legal advisers and preparation of Housing application forms and Agriculture and Fisheries application forms (where the property includes garden over one vergee or land is involved); 3. The buyer arranges finance and obtains a survey report on the property. The buyer may have made preliminary arrangements with a bank or mortgage adviser prior to making an offer on a property; 4. Preparation by the seller’s legal adviser of the draft contract of sale and Preliminary Agreements of Sale, if required, and in the case of a share transfer, the Share Vending Agreement; 5. Preparation by the buyer’s legal adviser of property search requests; 6. Attendance by the buyer’s legal adviser at
The purchase of a property either by way of a conveyance or share transfer has a similar procedure listed here as to both seller’s and buyer’s respective parts: 1. Offer, most commonly through the medium of an Estate Agent. This should be made “subject to contract”. 2. Acceptance of offer and the instruction of legal advisers and preparation of Housing application forms and Agriculture and Fisheries application forms (where the property includes garden over one vergee or land is involved); 3. The buyer arranges finance and obtains a survey report on the property. The buyer may have made preliminary arrangements with a bank or mortgage adviser prior to making an offer on a property; 4. Preparation by the seller’s legal adviser of the draft contract of sale and Preliminary Agreements of Sale, if required, and in the case of a share transfer, the Share Vending Agreement; 5. Preparation by the buyer’s legal adviser of property search requests; 6. Attendance by the buyer’s legal adviser at
