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onetwo_threefour · 07-10-2012, 10:47 PM

As long as it 's not a brand new condo, you may be okay, but make sure you ask your lawyer to see if he or she can help.
The best way they can do that may be to call the other lawyer and discuss the elevator booking and see if the other lawyer can talk to their client about possession first thing in the morning if the cash shortfall can be sent over before 9 AM or even tomorrow afternoon. While there are no guarantees, if I was acting for the Seller and the Buyer's lawyer called me and described the situation and took the steps I have mentioned, I would typically tell the Seller that their risk is pretty low and they are pretty safe to grant possession. Ultimately, it is the Seller's decision, but most will listen to that advice.

07-10-2012, 10:47 PM	#4
onetwo_threefour Powerplay Quarterback Join Date: Apr 2006 Location: Mahogany, aka halfway to Lethbridge Exp:	As long as it 's not a brand new condo, you may be okay, but make sure you ask your lawyer to see if he or she can help. The best way they can do that may be to call the other lawyer and discuss the elevator booking and see if the other lawyer can talk to their client about possession first thing in the morning if the cash shortfall can be sent over before 9 AM or even tomorrow afternoon. While there are no guarantees, if I was acting for the Seller and the Buyer's lawyer called me and described the situation and took the steps I have mentioned, I would typically tell the Seller that their risk is pretty low and they are pretty safe to grant possession. Ultimately, it is the Seller's decision, but most will listen to that advice. __________________ onetwo and threefour... Together no more. The end of an era. Let's rebuild...