SALE & PURCHASE STANDARD DEPOSIT CLAUSE
DEPOSIT
On the date of this Contract, the Buyer will hand to the Seller’s Conveyancer a Pantheon Property Deposit Bond executed in the format attached to the sum of [£ ].
Notwithstanding the provision of the Pantheon Bond to the Seller, the Buyer shall remain liable to pay the Deposit to the Seller, and shall pay the Deposit to the seller in cash on completion, at which time the Seller shall release the Pantheon Bond. |