Loop Hole in a Contract
You re presented with a legal document, to sign:You spot a slight error, scrambling the whole contract
Do you tell or not...?
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Comments (11)
You live in a very forgiving country...
And, if it's proven that you knew about the error and didn't tell you might find yourself in court.
Only an idiot would sign such a contract.
In all circumstances when presented with a contract that you must sign, read it carefully and if you have the slightest doubt, do not sign. Get the other party to clarify the point in question and only when you are fully satisfied can you sensibly sign.
Oh, this does not apply to contracts from Asian countries, especially China. As they have a habit of rewriting the contract after you have signed, thus making it a different contract and one you may not have signed originally.
It is a question of:
DO YOU HAVE A CONSCIENCE...
Some will see it s a game, who is brighter...
Others will not sleep that night...
Another will figure out what they can make out of the situation (most people)
Behave yourselves...
Whether you are a buyer or a seller, you should never sign anything related to a real estate purchase or sale without an attorney reviewing the document first.
As long as you stick to that there is no reason not to deal with a real estate agent. Often, you can get more money (even after commissions) if you use an agent to sell since they have a bigger pool of buyers than you can attract, and more marketing experience. And as a buyer you may have no choice but to deal with an agent if the seller is using one.
Bank fees x 2
and the house was in my name 2 months later...
We have been making Major and Minor changes ever since...