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Thank you, ***** ***** but may I ask for some further clarification? The bid form states the following:
The PURCHASER hereby OFFERS to purchase from the Seller the property, the fixture and fittings and the moveables at the price and on the terms and conditons specified herein and in the Highland Standard Clauses (2007 Edition) in the Deed of Declaration by the Faculty of Solicitors of the Highlands dated 17th.........2007.
In your answer you indicate that the offer should be conditional on a satisfactory title, searches etc. Assuming the vendor considers that the searches and titles are satisfactory would one then still be bound or could one still decline to proceed further without penalty?
Thank you for your helpful advice.