Asked by Yolande Venter on 06-09-2022 07:46:43
Question posted in the Property Law category relating to Gauteng
Good day, My Father passed away and his house was left to me, September 2020 i signed a OTP, the buyer of the house did not get his things in order to finalize the purchase, i got a new offer about 6 months ago, March 2022 the lawyer doing the sale advised me that i will brake the contract if i accept the new offer that was 70 000 more than the first buyers offer, this was more than a year after i given the buyer time to sort out his things. I asked the laywers on several occations what i can do to get out of the contract with the potential buyer, with no advised from them, the buyer moved into the house and stayed there without paying a sent occupational rent. When i advised the laywers that i want this contract cancelled, they contacted the potential buyer and he made a plan to get the funds, actually he sold the house to another person. This is now 2 years later, i can sell the Property for more now, the value off the Property went up, he is also offering me R20 000 for 24 months on occupational rent, i dont think this is reasonable.The laywers keep on telling me that there is nothing i can do, i feel that they are not on my side.I really need advise, i am unemployed and can not afford a lawyer.
Is the OTP still binding or can i cancel the sale after 2years.
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