Important:

This petition was submitted during the 2017-2019 parliament

Petition Protect house purchasers/vendors with a defined process/law & financial penalty

A few years ago I ‘sold’ my property 4 times but only the 5th sale completed.

A property purchase/sale is the single biggest transaction but there is no law to protect buyer or seller, the industry relies on morales.

More details

Purchasers need to be given a cooling off period and then after this there should be defined criteria or extenuating circumstances for pulling out.

Vendors should not be allowed to pull out of a sale except for extenuating circumstances.

There should be a financial commitment prior to exchange which reimburses loses.

This petition is closed This petition ran for 6 months

11 signatures

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10,000 signatures required to get a government response