After all these years, the Option To Purchase still terrifies me. If there's a reason I'll never be a property agent (besides having the persuasive power of a neurotic pigeon, that is), it will be the Option To Purchase (OTP). I've seen too many instances of things going wrong here: From someone dying just after signing the OTP (preventing the.
SINGAPORE - A father-and-daughter pair from China who paid almost $1.2 million for a condominium unit, but did not go through with the deal after finding out that their property agent had embezzled other funds, will have to lose their $380,000 deposit. The purchasers, Ms Li Jialin and her father Li Suinan, who live in Shenzhen, had taken the property.
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