Low interest rates and reduced selling prices are driving an uptick in property sales in several sectors, and if you are one of the many buyers taking advantage of the opportunities now on offer, heed this important warning.
It may seem like none of your business whether or not the seller is married, but in fact it is very much your business. As a recent Supreme Court of Appeal case shows, if the seller is married in community of property and his or her spouse does not consent in writing to the sale, you stand to lose the house even after transfer. And you cannot rely on what the seller tells you – you must make “reasonable enquiries” of your own or you could be in trouble. Read on for more…
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