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What does sold STC (subject to contract) mean? When you see a property listed as "Sold STC" (subject to contract), it means that the seller has accepted an offer to purchase the property, but a formal exchange of contracts hasn't occurred yet. At Felicity J. Lord, we take this phase seriously.
Sold STC (subject to contract) is when a seller has accepted an offer to buy their property, but before exchange of contracts. The estate agent should take the property off the market, put up a ‘Sold: STC’ sign outside the property and describe the property in online listings as ‘Sold STC’.
2014年2月25日 · Sold STC means 'Sold Subject to Contract'. In layman’s terms this means that the seller and a buyer have agreed a price for the property, however, the final contract which would make the deal irreversible has not been signed.
‘Sold STC’ (Sold Subject to Contract) signifies that an offer has been accepted on a property, but the sale is not yet legally binding. This status indicates that while the seller has agreed to the buyer’s offer, both parties must complete various legal and financial checks before the transaction is finalised.
Sold STC means sold subject to contract. In other words, the seller has accepted the buyer's offer price, but the sale contract has not been signed by the parties. At this stage, there is still the possibility that the sale might not complete, so if you are interested in the property, you should still contact the agent to express your interest ...
2023年10月12日 · One of the most head-scratching phrases is ‘sold subject to contract’, typically shortened to sold STC. For UK property sellers unfamiliar with this puzzling label, this guide will explain what sold STC means and its implications.
2024年3月26日 · What does sold STC mean for a seller? When you receive and accept an offer on your property from a prospective buyer, it is now sold STC. Your property listing will be removed from or updated as sold STC on your estate agent’s and other property websites, and a ‘Sold’ or ‘Sold STC’ sign will replace the ‘For Sale’ one outside your home.
What does sold STC mean? Sold STC (Subject To Contract) means the owner of the property has accepted an offer made by a buyer, but the paperwork and process required to make a sale legally binding has not yet been completed.
2022年4月5日 · A property marked as Sold STC (Subject to Contract) means that an offer has been accepted and the estate agent has taken it off the market – but contracts have not yet exchanged. You’ll mainly see this notification on estate agency boards and online portals.
2024年2月12日 · When you see the term “SSTC” or “sold STC” on a property portal such as Rightmove or OnTheMarket, it signifies that an offer has been made on the property, and the seller has accepted it. However, it’s important to note that the sale still needs to be legally binding.
