Asked by Mr. Tik Oen Tan
I have an agreement with a property seller, the S&P agreement has been signed by me and the seller. I have fulfilled all my financial obligation. My solicitor represents me and the seller. The S&P agreement cannot be finalized because the seller's bank is unable to release the redemption statement. Apparently the owner of the property has used the mortgage for his business. I want to terminate the agreement, in this agreement there is a clause that if the seller can't fulfill his obligation all cost made by me shall be borne by the seller and refund the deposit. The seller has received 10% deposit of the property price. Please advice what to do
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