Legal Consequances of signing a contract
When disputes arise between sellers and purchasers of immovable property regarding the terms and conditions contained in the deed of sale I am often told by such persons that they didn't understand the legal implications and consequences of the contract that they signed.
Quite often sellers and purchasers even admit that they did not even read through the contract before signing it. It is not advisable to sign any contract without reading it irrespective of who drew up the contract.
Innocent mistakes and misunderstandings can often lead to errors and inaccuracies when recording the verbal agreement reached between the parties in the written deed of sale.
Even if the deed of sale has been drafted by an attorney the parties should read through the agreement and ask the attorney to explain the legal implications of each clause to them to ensure that they are satisfied with and understand the terms and conditions of the contract they are signing.