Property Bubble Sale Terms & Conditions
It is a requirement of the Estate Agents Act 1979 that you understand and accept our terms and conditions when instructing us as agents for the sale of your property.
Definitions
Within this agreement the following words of phrases shall, unless the context otherwise requires, have the following meanings:
“Property” - The property which you have instructed us to sell
“Buyer” - The person buying your property
“Seller” or “You” - The owner of the property or the person who is entitled to sell the property
“HIP” - Home Information Pack – a government initiative to help speed up the house selling process
“Property Bubble” or “We” - The Ms Wragg Group t/a Property Bubble, registered in England as company number 05577828
Fees & Commission
In the event of a buyer being introduced to you by Property Bubble during the period of contract stated and subsequently entering into a binding contract to purchase the property, we shall not require a commission to be paid.
Our only fee is the initial set up fee of £199 + VAT, which is non-refundable.
Property Misdescriptions Act 1991
To ensure compliance of the Property Misdescriptions Act 1991 and to ensure that neither Property Bubble nor the seller become involved in any legal action, we reserve the right not to publish any information provided by the seller. Furthermore, the seller shall indemnify Property Bubble, its proprietors, directors, employees or agents against any claim made in respect of the Property or any misdescriptions that arise wholly or partially out of the act or default of the seller.
The Seller
The seller hereby warrants and covenants that he or she has the necessary authority, power and capacity to enter into this agreement and is the beneficial owner of the property, or has the authority from the beneficial owner to sell the property on the above terms
HIP
A home information pack must be ordered for all properties. We will market your home as soon as proof of the HIP being ordered is given.
Money Laundering
Under the Money Laundering Regulations of 2003 we must carry out identity checks on both buyers and sellers of the properties that we take on.
Other
Property Bubble will supply you with a “For Sale” board at the property for sale, unless otherwise instructed. Once the board has been delivered it is considered your own property, as such it is your responsibility to maintain, re-erect, or take it down as necessary. Property Bubble is not liable for the loss of your board or any damage the board may cause.
Property Bubble will prepare and send out sales memorandum letters on your behalf and on behalf of the prospective purchaser of your property, which will be sent to both sets of solicitors involved and also to you and your prospective purchaser.
Property Bubble shall prepare a set of property particulars on your behalf, however we are not responsible for any of the data that it provides to buyers and sellers. All information on our website and all information provided to buyers and sellers directly, cannot be guaranteed and they do not form part of any contract. You must approve your property details before marketing of the property can commence.
Property Bubble guarantee that your property will be listed on the Property Bubble website (www.propertybubble.co.uk). Third party website portals are subject to change and we do not guarantee continued presence on these websites.