I signed an offer to purchase and the Se...

Asked by lebogangb on 06-09-2020 16:27:52
Question posted in the Property Law category relating to Limpopo
Question value: R 300.00

I signed an offer to purchase and the Seller signed a different OTP with a different expiry date from the one I signed. The later I didn't not sign as the expiry dates of both OTP has passed. Are the OTPs valid and legally binding ? And can I bank approve a home loan without the OTP signed by both the seller and the buyer ?

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Answer to the Question

Posted by Att. Patrick on 07-09-2020 13:49:17

Hi there,

I see that you haven't made a payment for the question, but I'm going to assist you a little. If you want to ask a follow-up question, please make the required payment.

You both need to sign the same documents for them to be legal and binding.

Att. Patrick

Please remember this is a dialog if you have follow-up questions please make the required payment, then use the REPLY button and ask your further question. I would like to continue assisting you, but I need to concentrate on people who make payments for their questions.

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