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When does an Offer become binding?

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Property Description

When does an Offer become binding? A Sale or Purchase becomes legally binding on conclusion of missives. The Sale or Purchase process begins with the submission of an offer to the selling solicitor setting out the terms of the contract of sale. If the seller is happy with all the terms of the offer then their solicitor will go back to the purchasing solicitor and accept their offer. The offer and acceptance form the contract of sale and these letters are your missives. The unqualified acceptanc
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Blackwood & Smith

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