Ok. I have now had a long chat with someone who is in the business of buying, renovating and reselling houses and I posed the question to him.
If one buys a property on a sale in execution auction, the attorneys will go ahead with the transfer without a coc for the following reasons
1) It would be highly unlikely that someone who doesn't really want the property to sell, would do anything to assist the process and
2) Should the buyer need to get an eviction order , he can only do so if the property is registered in his name.
It is written into the contract that the buyer will supply a coc prior to anyone taking occupation after the transfer has gone through.
Peace out .. Derek.
If one buys a property on a sale in execution auction, the attorneys will go ahead with the transfer without a coc for the following reasons
1) It would be highly unlikely that someone who doesn't really want the property to sell, would do anything to assist the process and
2) Should the buyer need to get an eviction order , he can only do so if the property is registered in his name.
It is written into the contract that the buyer will supply a coc prior to anyone taking occupation after the transfer has gone through.
Peace out .. Derek.
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