Satisfactory Financing #214

Legally Speaking

By Gerry NeelyB.A., LL.B. Subject to “satisfactory financing”, while not a whim and fancy clause, has been analyzed in several earlier cases and again in a recent decision involving the cash purchase of a business. The purchaser’s offer was subject to his arranging satisfactory financing. He intended to do this through an institutional lender, whom

BCREA Public Website Preview
BCREA Public Website Preview
BCREA Public Website Preview
BCREA Public Website Preview