what happens if you exchnage on a sale contract with an LPA and the owner dies before completion
I have direct experience of this. If the vendor dies between exchange and completion, the contract of sale remains binding on the estate, but there can be delays in obtaining probate and until this is obtained there is no one who can sign the Deed of Transfer on completion.emember that the traditional 1 month gap between exchange and completion is not compulsory-there is no reason why you shouldn't exchange and complete as close together as you like-which reduces the odds of hitting the problem-this may throw up other issues if are in a chain or for organising movers etc.