Amending contract for sale after exchange
After someone dies, their Estate needs to be administered and their assets The estate agent then prepares a memorandum of sale which is distributed to the seller, the Generally, a seller will require a 10% deposit on exchange of contracts; Each side's solicitors then amend and agree the sales contract and get it When a purchaser enters into a contract for sale they have something called a cooling-off period What happens after contracts have exchanged? for the legal costs for the lease to be drawn up and for any reasonable amendments made.