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Bruce[_28_]

On Sat, 15 Jul 2017 09:35:59 -0300, wrote:

>On Sat, 15 Jul 2017 21:51:23 +1000, Bruce >
>wrote:
>
>>On Sat, 15 Jul 2017 08:44:58 -0300, wrote:
>>
>>>>
>>>>The actual transfer of the deed to the house happens when all of
>>>>the terms of the sales contract are satisfied. Then everybody sits
>>>>down, exchanges the money, and the title deed is transferred
>>>>from the seller to the buyer. This is commonly referred to as
>>>>"closing".
>>>>
>>>>Cindy Hamilton
>>>>
>>>>==
>>>>
>>>>Thank you. It seems it is too easy to renege on that contract if one
>>>>side wishes.
>>>
>>>That's totally incorrect, it happens much more frequently in the UK
>>
>>Source?
>
>Find it yourself.

You made the statement.

>What I know is it cannot happen here. When you
>make an offer to purchase by a certain date, that is legally binding
>and nobody else can get in and offer more because the seller cannot
>have another agreement until the current one runs it's course. Either
>the sale goes through on the appointed date, or not. If it does fail,
>then the seller is free to entertain another offer.

And where does the UK come into this?