Property News · May 21, 2016

Uncertainty in the property market gives rise to the Brexit clause


Option to scrap deals in event of leaving EU keeps jittery buyers onside as market shows strainWith a month to go until the EU referendum, there are signs that property investors have growing concerns about the possible impact of a leave vote.City law firm Nabarro said yesterday that commercial property investors were adding “Brexit clauses” to contracts that will allow them to pull out of deals if the UK votes to leave on 23 June. Continue reading…

Source : theguardian.com
Read more…Uncertainty in the property market gives rise to the Brexit clause

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