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Maroc Maroc - RENX.CA - A La Une - 28/Aug 14:17

Double default: What happens when neither party is ready to close?

In real estate transactions, the phrases "ready, willing and able to close" and "time is of the essence" are familiar to buyers and sellers alike.  The rules and consequences have become more clear over the years when either the vendor or the purchaser fails to close.  

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