I am negotiating the sale of some retail premises and am concerned at the financial strength of the proposed purchasers.

By Michael Bailey and Michael Bailey Michael Bailey 2010-04-08T15:33:00

They have though offered to put up 40% of the purchase price on exchange by way of deposit which the contract says I will be able to forfeit in the event that they fail to complete (completion is due 4 weeks following exchange). I have a vague recollection that deposits ...

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