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Law Booth – Episode 9 – The Preliminary Agreement: Your Rights and Obligations
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In the ninth episode of Law Booth, Dr Nicholas DeBono and Dr Christian Ellul from the Litigation Department talk about the rights and obligations that arise from a Promise of Sale agreement (“the Konvenju”) and the issues and clauses one should cater for and watch out for when entering into such agreement before acquiring property. The common issues that may arise from Promise of Sale agreements are also discussed together with the remedies available, both from a buyer’s and seller’s perspective.
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