What is the amount of deposit required in an Agreement for Sale and Purchase? Generally anywhere between 10-20% of the purchase price. Why? In New Zealand the deposit is paid to the Real Estate Agent as Stakeholder. There is a period by which the Real Estate Agent must hold the deposit before it can be [...]
Deposit
September 22nd, 2009 · 1 Comment · Uncategorized
Tags:Authorisation·Conveyancing·Legal Practitioner·Mortgage·Mortgagee Sales·New Zealand·Real Estate Agent·Stakeholder

