From: nickodell49@yahoo.ca
On Sun, 24 Aug 2025 17:09:01 +0100, Mike Scott
wrote:
>Hi all. A couple of friends are buying a house, but there's a bit of a
>hiccup.
>
>The seller is suffering from severe dementia, is elderly, and may
>possibly die soon. Her affairs are being managed by relatives with power
>of attorney.
>
>My friends' solicitors are dealing with the sellers' relatives' solicitors.
>
>The question has arisen of what happens if, after contracts are
>exchanged but before completion, the seller dies. AIUI the contract is
>valid, and the sale goes through as if nothing had happened and the
>moneys form part of the deceased's estate. But it's been suggested the
>contract would be voided (with obvious major knock-on problems).
>
>Any thoughts please?
Is the money all in place? Are there any complications likely to
arise? I know there is a conventional, leisurely pace at which these
transactions take place but in the past I have asked for and received
a speeded up process in order to take possession by a particular date
and maybe this is a case where, if matters are straightforward, things
could be moved along a bit sharpish.
I have even heard of exchange of contracts and completion both
happening on the same day but that would need all parties to be on the
same page over everything.
Nick
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