Guthrie & Theron | Attorneys in the Overberg Region

To register or not: The risk of playing banker

Purchasers have increasing difficulty to obtain financing of the purchase of farms and other agricultural land.  Many sellers of these properties consider granting the purchaser a bond for the purchase amount to be paid off over a period of time. Worse, some accept an acknowledgement of indebtedness and consent to judgment prior to shaking hands […]