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Nominating A Substitute Purchaser?
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Nominating A Substitute Purchaser?

Adam Held, Held Lawyers

It is common for a named purchaser under a contract of sale of land to nominate an additional or substitute purchaser:

  • right to nominate is regulated by the contract
  •  the nominee does not become a party to the contract
  • a nomination may be withdrawn and a fresh nomi…
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