What happens when a property is damaged by fire before completion? A buyer’s options will depend upon a myriad of factors including the law, facts, contract terms and the parties’ conduct.
Posts tagged with “Fire Damage”
When a fire destroyed or damaged a house before the completion date for its sale, at common law the buyer had to complete the purchase and pay the contract price, unless the contract…
What is the position of the parties to a Contract of Purchase and Sale when fire damages or destroys the building, which is the subject matter of the contract…