I am putting in a offer and acceptance on a property. The seller has asked to included in the conditions that is subject to the seller recieving approval for a portability loan prior to our finance. I was wondering what are the implications of doing so.
Do they have a time frame under contract law to get their approval and what is the best way to write it on our offer and acceptance conditions so we are not left waiting for the seller?
Do they have a time frame under contract law to get their approval and what is the best way to write it on our offer and acceptance conditions so we are not left waiting for the seller?