Asked by
hi, i have given 1% option fee to seller and will be exercising option only a few months later because seller wants to avoid paying stamp duty. Currently i only have the OTP signed by seller. My question is what if seller back out before I exercise option?
0
235 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Hi, if the option expiry date is written clearly on the OTP, then you could sue the seller in the event that they back out from this deal.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions