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Pre-contract deposits - A practice recommendation : what advice to give?

By: Language: English Series: Law Society`s Gazette ; 84 (11) 18 March 1987, 791-792 (2)Publication details: 1987Subject(s): Summary: Under the pre-contract deposit scheme recommended by the Conveyancing Standing Committee both vendor and purchaser are asked to deposit half a per cent of the purchase price of the property with the vendor`s solicitor as stakeholder . Considers what advice solicitors should give to clients; includes an example of the pre-contract deposit agreement together with the accompanying guidance notes .
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Journal article London Journal article ABS37548 (Browse shelf(Opens below)) 1 Available 5180-1001

Under the pre-contract deposit scheme recommended by the Conveyancing Standing Committee both vendor and purchaser are asked to deposit half a per cent of the purchase price of the property with the vendor`s solicitor as stakeholder . Considers what advice solicitors should give to clients; includes an example of the pre-contract deposit agreement together with the accompanying guidance notes .