Can a developer force you to sell your property?

There is nothing preventing such an approach under the new Act. Developers continue to approach owners on this basis. Some persons have more reasons not to sell than others. Under the Strata Schemes Development Act an owner who does not wish to sell may be forced to sell and is a dissenting owner.

Are there restrictions on the sale of property?

Govt. has imposed many restrictions on sale of property and has also allowed deductions and exemptions that can be claimed when someone sells his property. Some of the Considerations to be kept in mind while selling property are explained in this article.

Can a property be sold without a conveyancing agreement?

If both parties are legal parties to the property then it is unlikely it can be sold without both being in agreement. However you should seek legal advice on this.

What happens to my lease if I Sell my House in Washington?

In case you’re a tenant in Washington, there is no need to worry either. Your lease remains valid if a rental property is sold, and your former landlord is obliged to provide you with a name and address of a new landlord.

What was the glory days for property investors in Singapore?

Those were the days when Singapore property investors strutted around, explaining how every home they bought made the next home purchase even easier. The rent from one property paid for the next property, the rent from that property paid for a third, etc. You could say those were the glory days for a property investor in Singapore.

What happens if the seller is not a legal entity?

If the seller is incorrectly written into the documents, neither the listing agreement nor a sale is valid. If a sale is consummated and the buyer discovers that he doesn’t own the property because the legal seller didn’t sell the property, a lawsuit is likely if things can’t be fixed quickly and amicably.

Can a person sell a house without permission?

It is possible for a house owned by one person to sell without his or her permission by another that does not own the property with any legal claim, and this is often considered a crime. In these situations, it is possible, usually through legal support, to reacquire the house when another uses fraud to steal and sell the property.

When do you sign a wholesale real estate contract?

Once a seller signs the wholesale real estate contract they have mentally committed to deal and you run a much lower risk of them backing out. Below are links to the simple Wholesale Real Estate Contracts: Purchase Agreements, Assignment Contracts and Option to Purchase contracts I’ve personally used to buy wholesale real estate.

Do you need a lawyer to return an illegally sold house?

Sometimes, the individual assisting in returning an illegally sold home may need to hire a lawyer long before pursuing legal action against the perpetrator. This may help in keeping the buyer off the property until the investigation ends.