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Old 03-08-2007, 12:09 AM
faraway faraway is offline
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Default What about Promise of Sale, when developer financing is issue

What rules, law applies when the property is bought with developer mortgage taken for 5 years and the only contract we have is promise of sale?
Who is the real seller when it comes to resale, do we need our's developer authorisation to sell the property?
How long the promisse of sale can excist without beiing transform to contract of sale?
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