Talk:Sales/Archives/2015
Latest comment: 8 years ago by Lycurgus in topic Order of events in a sale
 | This page is an archive of past discussions. Do not edit the contents of this page. If you wish to start a new discussion or revive an old one, please do so on the current talk page. |
Order of events in a sale
The normal order is pay then own, really the only difference from this is when it's a non-transaction of some kind such as informal friends and family financing. When a regular lender is involved the real buyer doesn't get ownership for an extended period. In actual common law practice the whole transaction is in suspense until the mutual consideration exchange has completed. However I left the preexisting text which stated the diametric counterfactual with an appropriate qualification. Lycurgus (talk) 12:44, 25 November 2015 (UTC)