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 Aston Lawyer Your Own Question
Aston Lawyer
Aston Lawyer, Solicitor
Category: Law
Satisfied Customers: 10459
Experience:  Solicitor LLB (Hons) 23 years of experience in Conveyancing and Property Law
16368554
Type Your Law Question Here...
Aston Lawyer is online now

I have my property on sale, and my potential buyer is unable

Resolved Question:

I have my property on sale, and my potential buyer is unable to raise a mortgage because the leaseholder of the "free solar panels" on my roof is unwilling to sell or give any let òut clause to the prospective buyer.
Since I was unaware of this new owner , (the original company NSA went into liquidation ) who I dicovered when I tried to contact NSA ,I was referee to the liquidators who in turn gave me the new owners address and phone number,
My question is am I liable for the buyer's expenses if I take my property off the market?
Yours Ken Fyfe.
Submitted: 1 year ago.
Category: Law
Expert:  Aston Lawyer replied 1 year ago.

Hi Ken, thanks for your enquiry. Under law, until Contracts have been exchanged, either party is free to withdraw from the transaction without any liability to the other party. So, in your case, you would be totally free to take your property off the market, without having to pay any fees or expenditure incurred by your Buyer. I hope this assists and sets out the legal position. If I have helped, I would be grateful if you could rate my answer. Kind Regards Al

Aston Lawyer and other Law Specialists are ready to help you