The Seriously-ill Seller And Other Two People Who Cant Legally Sell Their Property !
There is nothing so disheartening like to have a court reverse your purchase of property because the seller who sold it had no contractual capacity. After all the effort, excitement and expenses this will indeed come as a shock. Contractual capacity is defined as the legal ability to make a binding contract. Those seriously-ill, minors, and those under the influence of an intoxicating substance are amongst the people who lack contractual capacity. Excited by the prospects of purchasing a good property many a buyer overlook such legal implications but to their own detriment. It is therefore, imperative for Property and Law to give a look into each of these cases so that you do not fall into this pit.