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Does that count for Scotland too? Legal system is completely different here for example in England when you buy a house it is not legally binding agreement unti
by ptah 7y ago
Does that count for Scotland too? Legal system is completely different here for example in England when you buy a house it is not legally binding agreement until keys are exchanged whereas in Scotland it is binding as soon as both parties sign the agreement
- gchadwick 7y agoAh maybe not, the wikipedia page I link to is titled 'Right to silence in England and Wales' implying things are different in Scotland. I'll edit my post.
- bennyelv 7y agoThat’s not quite true, in England the purchase of a house is not binding until the contract is signed and exchanged with a deposit, but completing the contract (paying the balance, handing over the keys) can be done at some agreed point in the future. In Scotland the difference is that when you make the offer to buy you include any conditions that need to be met (things that should they come up in conveyancing would cause you to withdraw). If the seller accepts the offer + the conditions you can only pull out under the conditions stated in the offer rather than for any reason you like. The process is still fundamentally: offer -> conyeancing -> contract -> completion
- ptah 7y agoessentially it is easier to pull out in England than in Scotland