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All too often people try to argue slight technicalities in the law in hopes of trying to capitalise at the expense of another party.
Rectification serves as a remedy for parties whose written agreement does not reflect their common intention at the time the agreement was concluded.
Regarding the first question raised, when a suspensive condition with limited time is included in a contract, the time limit is usually intended to be for the benefit of the seller, while a condition requiring a loan to be obtained is usually for the benefit of the purchaser.
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