ANTI-GAZUMPING AGREEMENT DURING CONTRACT OF SALE OF LAND
ANTI-GAZUMPING
THIS AGREEMENT IS MADE________day of ________________2015 BETWEEN Mr. ________________________of No. ______________________(Seller) and
Mr. _________________________of No. _________________________________ ( The Buyer).
WHEREAS:
The parties have, subject to contract, agreed to safe transaction in which the seller agrees to sell and the buyer agrees to buy the property described in the contract of sale at the price of N___________________(_____________________).
IT IS HEREBY AGREED AS FOLLOWS:
1.1. As long as the Buyer complies with his obligations under the contract of sale, the Seller agrees that during the exclusivity period neither the seller nor nay on be acting on the seller's authority will sell or seek purchases for the property.
1.2. ........................................................................................
IN WITNESS OF WHICH THE PARTIES HAVE EXECUTED THIS AGREEMENT IN THE MANNER BELOW THE SAY AND YEAR FIRST ABOVE WRITTEN.
SIGNED by the within names Seller _________________
In the Presence of:
Witness__________________
Signed by the within named Buyer _______________
In the Presence of;
Witness_________________