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What is the difference between exchange of contracts and completion?

Ethan Brown | 2023-06-05 06:16:19 | page views：1305
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Isabella Lopez

Studied at the University of Amsterdam, Lives in Amsterdam, Netherlands.
The main difference between exchange and completion is that 'exchange' is an exchange of contracts, which makes the matter legally binding between the parties, whereas 'completion' is the date the parties physically move and transfer legal ownership of the property.
2023-06-15 06:16:19
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Zachary Evans

QuesHub.com delivers expert answers and knowledge to you.
The main difference between exchange and completion is that 'exchange' is an exchange of contracts, which makes the matter legally binding between the parties, whereas 'completion' is the date the parties physically move and transfer legal ownership of the property.
Difference between Exchange and Completion of Contracts in UK
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