Question about buying a house? Get free legal advice!


Questioner

ir/Madam I have a question about a purchased home. I received a confirmation by email that the purchase of a house has been approved, subject to financing. We received this email on 04-02-2015. Today we received an email from the real estate agent saying that he had forgotten something. Below you see the email that was sent. Hi Ellen, I forgot one more thing. Because the debt on the house is higher than what the house is sold for, we have to ask the bank for permission to sell. That can only happen after the deed has been signed. With that deed we then go to the bank for permission. Therefore, there must be a condition precedent for the seller that she must obtain permission from the bank. If she does not receive this, the contract must be terminated. As far as I can see now, I do not expect any problems with this and the bank will cooperate. The notary ensures that a line is included in the purchase agreement. We find this strange and a risk for Ellen that she will soon incur costs with the risk that the bank will reject the sale because the sales price is too low. can this just happen? i find it a bit dark. I look forward to hearing from you. Yours sincerely

Lawyer

This is not a strange construction, what costs do you have in mind? The provision could also include that these costs are for the seller in the event of the occurrence of the resolutive condition.

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