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| But when you make the offer, presumably you haven't seen the reservation terms. So you would make a written or verbal offer and then once seller agrees, you'll get the reservation T&Cs before making the transfer of the money? | |
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Yes exactly. You'll agree on an offer and then get the chance to view / sign the reservation contract. Then if you're ok with that, sign it and transfer the money. This is all done far before the 'main' contract, and it's generally still easy to get out of actually buying the place.