When a property sale is cancelled after damage has occurred, who carries the cost? A recent High Court ruling highlights why risk clauses, accurate condition records and the cancellation date can have major financial consequences.

When a property sale is cancelled after damage has occurred, who carries the cost? A recent High Court ruling highlights why risk clauses, accurate condition records and the cancellation date can have major financial consequences.
A recent High Court judgment confirms, yet again, that if a property seller knows about a hidden defect and keeps it quiet, no exemption clause will save them.
Perhaps you are a seller marketing your property through an estate agency, or a buyer asking an agent to find you one, or a landlord employing an agent to let out your property. Whatever the transaction involved, make sure that the agency mandate is in writing.

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