"Sunset Clause"/"48 Hour Clause" - Option 1
(a) The Buyer acknowledges that notwithstanding the existence of this Contract, the Seller intends to continue to offer the Property for sale. (b) Should the Seller receive an offer in the form of a signed contract which is to be completed within thirty (30) days of its formation and which is not conditional upon finance or the sale of any other property, showing a purchase price in excess of xxxx ($xxxx) then the Seller shall immediately notify the Buyer in writing of such offer and furnish the Buyer with copy of the same. (c) In the event that the Buyer does not agree in writing within three (3) working days of receipt of the notice referred to in (b) to increase the purchase price to that offered by the alternate Buyer and waive any conditions relating to finance or the sale of any other property, then this Contract shall be at an end and all moneys paid by way of deposit shall be refunded to the Buyer. or (a) The Buyer acknowledges that notwithstanding the existence of this Contract, the Seller intends to continue to offer the Property for sale. (b) Should the Seller receive an offer in the form of a signed Contract which in the Seller's sole and unfettered discretion is more acceptable to the Seller, the Seller shall immediately notify the Buyer in writing of such offer and furnish the Buyer with a copy of same. (c) In the event that the buyer does not agree in writing within three (3) working days of receipt of the notice referred to in (b) to increase the purchase price to that offered by the alternative Buyer and waive any conditions relating to finance or the sale of any other property, then this Contract shall be at an end and all monies paid by way of deposit shall be refunded to the Buyer.

Book a call back