When a buyer has chosen the house, he has a lawyer to draw up a contract. This document states the legal definition of the property, gives the purchase price and demands proof of owner. It also includes other important information, such as the fixtures that are to remain in the house and the time when the purchaser will take possession.
The buyer pays a deposit when he signs the contract. The deposit binds the seller to the terms of the contract.
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A House
The Purchase
The Buyer
Buying a House