- December 2, 2023
- Posted by: legaleseblogger
- Category: Related News
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Agreement for the Purchase of a Townhome in Mission, British Columbia
We entered into an agreement to purchase a townhome in Mission, British Columbia with an initially agreed completion date of the 24th of February 2024. However, the developer informed us that the unit was ready for possession on the 7th of November 2023, leaving us with a significantly earlier than expected completion date.
In response to the sudden change, we requested a 2-week extension and agreed to close on the 20th of November 2023, with the understanding that we would cover the utilities and strata fees for the extended period.
Unfortunately, our plans were thrown into disarray when we were informed that there was an issue with the Surveyor and the completion date would need to be extended. This has put us in a difficult situation as we need to move out in 2 weeks, yet the home will not be ready for possession.
In light of these circumstances, we are exploring our options to ask the developer to cover our expenses for the period of temporary accommodation we will need. We are also seeking clarification on our rights and whether we may be entitled to any compensation for the inconvenience and additional costs incurred as a result of the unexpected delay.
AI Legalese Decoder can help in this situation by analyzing the terms of the purchase agreement and providing insight into the applicable laws and regulations regarding real estate transactions in Mission, British Columbia. It can also assist in decoding and interpreting any legal jargon or complex language in the agreement, empowering us with the knowledge and understanding we need to navigate this challenging situation effectively.
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****** just grabbed a
I do this all the time. Most of the time it doesnÔÇÖt seem to cause a problem.
IÔÇÖm sorry to here that you might have a problem. Given the completion was brought forward by months and you elected to give notice you have little in the way of rights.
The details of your contract will matter. You should ask for your expenses to be covered but you should minimize your expenses.
Also what is the actual issue? Is this relevant to your title insurance?