Missives are constituted by a series of contractual letters that are exchanged between the solicitors representing the purchaser and seller in the process of a property transaction. They normally comprise of an offer, qualified acceptance and several additional formal letters. These letters will usually contain reference to the Scottish Standard Clauses and will detail several clauses in order to afford protection to both the purchaser and the seller. Throughout the process of the missive letters, clauses that were contained in the Offer stage may be deleted, amended and/or additional clauses may be inserted.
Although a common misconception, there is usually no requirement for you to sign the missives. Rather, upon your instructions, we will draft and sign the missive letters on your behalf.