Suspensive Conditions
Suspensive conditions are all about waiting
Suspensive conditions are just words. But because these specific words might very well be in your contract of sale when you buy or sell real estate, it is important to know what the function of a suspensive condition is, and exactly how the suspensive conditions in your offer to purchase will affect the sale of your property.
“Sticks and stones may brake my bones, but words can never hurt me“, is a myth properly debunked where suspensive conditions are concerned. The wording of suspensive conditions are very important to both buyers and sellers of immovable property.
In this article we’ll discuss the specific type of contractual condition called suspensive conditions. The name is very descriptive of the function of this contract condition, as you’ll see once we’ve explained, but if you’re not familiar with contracts and legal speak, it’s function really isn’t that easy to guess just by the name. Uncover the full Suspensive Conditions »
How long does a transfer take?
How long till the transfer's done?
Nobody likes waiting. And to every buyer and seller of real estate, their particular property transaction is the most important sale of immovable property in the world. It is therefor hardly surprising that people get somewhat irate when the transfer of ownership does not happen as speedily as they would like.
A little bit of information could go a long way towards keeping the tempers settled. That’s why we’d like to let you know what to expect when waiting for that ownership transfer to be finalized.
What is a reasonable time period for the process of transferring ownership of a property from one owner to another? How long does a property transfer take to complete? In this article, we give some simple answers to that not-so-simple question about the duration of the transfer process. The rest of How long does a transfer take? »
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