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In British consumer law, goods you buy MUST :
- Fit the description given
- Be of satisfactory quality
- Be fit for purpose
The "Related Link" below will give you more of the information you need.
Different countries have different legislation and different policies for consumer protection.
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∙ 13y ago
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What are the features of a hire purchase system?
buyer and seller make written and legal agreement between them
I am a seller and sold my business to a buyer but after 1 yr the buyer has not paid me. Our contract says we have the right to hold their property for the grant of deed of their home What do i do?
Please consult professional legal advice for correct information. If you have a signed contract, you have rights. You need to get an attorney and protect your interests.
Is a purchase order a legal document?
In brief, A purchase order (PO) is a commercial document issued by a buyer to a seller, indicating items, quantities, and agreed prices for products or services the seller will provide to the buyer. Sending a PO to a supplier constitutes a legal offer to buy products or services. Hence, this is considered as a legal document.
If a property is destroyed before the closing takes place who takes the loss - buyer or seller?
The legal owner must cover the loss. The property should be insured by the legal owner, the seller, up until the time when the deed is recorded. The buyer has no title until the deed is recorded. Once the deed is recorded the buyer's insurance becomes operative.
What is conveyance deed?
A legal contract between a buyer and a seller which transfers ownership of land or property from the one to the other.
Can a purchase and sale agreement be enforced against the seller?
Yes, a purchase and sale agreement can be enforced against the seller through legal means. If the seller fails to fulfill their obligations under the agreement, the buyer can seek remedies such as specific performance (forcing the seller to complete the sale) or monetary damages. It is important to review the terms of the agreement and consult with a legal professional if issues arise.
When a car is sold to you and the seller hid information from you is he liable for any of the repairs?
Without a legal contract it is "Buyer Beware" or "Sold as is".
If buyer changes mind on home purchase which does not fall within the contract what remedies does the seller have regarding the signed contract?
The seller is interested in selling the property and not getting into a legal battle over breach of contract. Keep the deposit and move on to the next buyer.
When speaking about a homeowner should you capitalize the word owner?
No. Sometimes legal documents will do this, (Buyer, Seller, Owner) but in general it's not necessary.
Is it legal for a buyer to request the seller who has offered credit for repairs to have a statement in the final paperwork indicating that the credit is for closing costs NOT repairs?
No how can it be leagel
If goods in transit are shipped FOB destination?
Seller retains legal title until the goods have reached the destination (wherein the risks and rewards and officially transferred to the buyer and thus becomes the buyer's inventory).
If after a contract has been signed and agreed upon for buying a home can the seller back out of the deal?
Yes they can if it is done in accordance with the terms of the contract. If it is done in breach of the contract, the seller can actually have legal action taking against them. Not always Unless the buyer agrees, the contract remains enforceable, and a court can order the sale to proceed.
