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I am sure your lawyer can communicate with seller lawyer as what is the reason with the delay? Read More

We can't speculate the reason why the Owner is taking such a long time to sign the SPA, when the SPA has been vetted and agreed by both parties lawyers. For every transaction, there is usually a timeline for both parties to sign the SPA eg. in a Letter of Offer, it is stated 14 or 21 days etc failing which is either a full refund or some sort of compensation to be paid to the aggrieved party. In the absence of a Letter of Offer and if both parties enter straight into a SPA then such a legal term or recourse will not be stated and applicable. You may just choose to call off the transaction without any compensation if there is no offer and acceptance and deposit changing hands in this transaction. Your lawyer is the best person to advise you.
You will need to find out the true reason why the SPA is not signed and accepted by the Vendor(s) because 1 1/2 months is unusually longer than the 14 to 21 days period unless the Vendor(s) are residing overseas.
David Wong
Mobile 0193330573 
Principal Licensed Agent E2097
QUANTUM REALM ESTATE - E(3)1320 Read More