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Purchaser cool-off in the circumstances

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Reference no: EM132180599

Can the purchaser cool-off in the following circumstances? Justify your answer.

a) P signs two contract notes for two factory sites next door to each other, the prices being $139,000 and $225,000 respectively.?Two weeks after signing a contract note, P signs a contract of sale as required by the vendor. This relates to the same property and sets out the terms of the contract in more detail.

b) P signs a contract of sale to purchase a flat for $169,000.?P seeks the advice of his Conveyancer who advises 'sure, go ahead and sign it - you've got three days to cool-off anyway'

Reference no: EM132180599

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