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help understanding phrase...


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23:11 Apr 8, 2007
This question was closed without grading. Reason: Other

Spanish to English translations [PRO]
Law/Patents - Law: Contract(s) / Real Estate Contract
Spanish term or phrase: help understanding phrase...
"En caso de que el Comprador unicamente bajo el entendido de ya contar con los recursos antes pactados para la liquidacion del inmueble por alguna razon no imputable al Vendedor se procederá al pago de una penalizacion por la cantidad de..."

Does this mean that the Buyer shall pay a penalty of XXX amount as long as the Seller has not made a breach, on the assumption that the Buyer already has the agree-upon loan amount? Is there a verb missing or am I misunderstanding the original?
Consult Couture
United States
Local time: 15:37

Discussion entries: 5


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