Hi everyone,
Can someone please help with the legal wording of a sunset clause?
For example: "This offer expires at 5pm on xx date. If the sellers have not responded in writing by this time, the full deposit shall be returned to the offerer and the offer is declared withdrawn."
I want to put in an offer tomorrow, but was unable to get help from my conveyancer today (the principal was unavailable or something) and didn't have time to phone around for another one...
So, I'd like to put in a sunset clause, but not sure how to word it. Obviously I should seek legal advice etc. but as that's not possible yet, I'd be really grateful if one you could let me know what you put on your contract.
Can someone please help with the legal wording of a sunset clause?
For example: "This offer expires at 5pm on xx date. If the sellers have not responded in writing by this time, the full deposit shall be returned to the offerer and the offer is declared withdrawn."
I want to put in an offer tomorrow, but was unable to get help from my conveyancer today (the principal was unavailable or something) and didn't have time to phone around for another one...
So, I'd like to put in a sunset clause, but not sure how to word it. Obviously I should seek legal advice etc. but as that's not possible yet, I'd be really grateful if one you could let me know what you put on your contract.