Hi team,
This is somewhat related to
http://www.somersoft.com/forums/showthread.php?t=56057
I'm looking at purchasing a small development site in the near future. I was wondering whether it is possible to submit an offer subject a satisfactory feasibility study to be performed by a qualified individual (architect, town planner etc)? Whereby if the feasibility fails and development not possible due to either financial viability or otherwise I can terminate the offer?
Has anyone used this before and what was the wording in the contract?
Thanks,
Grimey
This is somewhat related to
http://www.somersoft.com/forums/showthread.php?t=56057
I'm looking at purchasing a small development site in the near future. I was wondering whether it is possible to submit an offer subject a satisfactory feasibility study to be performed by a qualified individual (architect, town planner etc)? Whereby if the feasibility fails and development not possible due to either financial viability or otherwise I can terminate the offer?
Has anyone used this before and what was the wording in the contract?
Thanks,
Grimey