How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Ash Your Own Question
Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
75100385
Type Your Law Question Here...
Ash is online now

Does the law with regard to 14 days cooling off period

Resolved Question:

Hi. Does the law with regard to 14 days cooling off period apply, when you instruct a commercial estate agent to sell your business (good will part) and not the building?
Submitted: 1 year ago.
Category: Law
Expert:  Ash replied 1 year ago.
Hello my name is ***** ***** I will help you.Could you please explain your situation a little more?Alex
Customer: replied 1 year ago.
We are selling our business through a commercial estate agent. But we are now having a dispute. We have noticed that the contract we have signed with them has not got this 14 days cooling off period included. Someone told us that it should. But someone else said it does not apply to commercial business.
Expert:  Ash replied 1 year ago.
Correct. If this is a non distance transaction or it is for a business, then there is no cooling off period.It only applies to consumers who purchase goods/services at a distance.Can I clarify anything for you about this today please?Alex
Ash and 2 other Law Specialists are ready to help you