I haven't got
my finance yet, can the Vendor withdraw from the Contract?
In most cases,
the vendor will be just as keen to continue with the sale as
you are to purchase. So long as you comply with the conditions
of the Finance
Approval Section of the Contract, you can request an extension.
If the Vendor will not grant this extension, it is the Purchaser
who has the option to withdraw from the Contract. If the Purchaser
does not wish to withdraw, then the Contract of Sale will fall
unconditional and the purchase will proceed to settlement.
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