How To Buy Houses - Chapter 2 Flashcards by Healthier Now | Brainscape

Q

Offer to purchase

Normally takes 3-6 months

Contract sent to solicitor

Booking deposit made (refundable)

A

Private Treaty

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Q

Normally takes one month

Unconditional contracts

Non-refundable

10% overall price paid immediately

Property offered for sale at public auction

A

Auction

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