I am planning to purchase a property by paying instalments and I would like to know what the legal requirements are for a sale of this nature.
In addition, what are the details I should consider during the negotiation and drafting of a contract?
The seller is a friend of mine and is fairly casual about the sale and not even concerned if the contract is in writing or not.
However, I feel uncomfortable about not having a written contract, regardless of our friendship, and would like to have something in place.
Instalment Property Purchaser
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