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Chain

  • The number of buyers and sellers in a series of property transactions or sales is called a property chain.
  • Ideally the shorter the chain the quicker the sale, and the converse. The risk of the chain collapsing  increases with each additional property involved.
  • If just one buyer or seller has a  change of mind the whole chain collapses with no one able to buy or sell.

See also

Published: 21 October 2013 Last Updated: 24 November 2021