Chattel or Fixture?
Q. How do I know whether the item is a fixture or chattel? A. The difference between a fixture and a chattel depends on whether the item is affixed to the land or property. If the item is affixed to the land or property then ordinarily the item will be regarded as a fixture. If the […]
Rights of Terminating Contract If the Buyer does not pay Initial Deposit or Balance
Q. Can a seller terminate a contract if the buyer does not pay the initial deposit or balance deposit by the due date? A. Yes. If the buyer does not pay the initial deposit or balance deposit to the Stakeholder by the due date then the seller has an ongoing right to terminate the contract of […]
