Conditionsof Sale

Conditions of Sale, When a freehold, copyhold, or leasehold property is offered for sale by auction, "Conditions of Sale" (indicating the nature and extent of the vendor's title, the terms of the sale as to completion, etc.) are prepared by the vendor's solicitor, and usually taken "as read" at the auction. It behoves an intending purchaser carefully to look at these before attending the auction, and to be advised thereon by his solicitor, particularly in regard to the condition as to title. This is not very frequently done, although entailing a very small expense. Hence, an unsatisfactory title is often foisted upon him. The conditions are generally subject to modification in the auction room.