I saw a property on property24 and contacted the agent. I went to view the property with my mother and we spoke to the seller who indicated that they are willing to sell and we indicated interest to buy. We then received the OTP from the agent and I signed it. He then took it to the seller and then returned it with a clause that wasn’t there when I signed. The clause says that “this offer is subject to the seller securing another property”. Now this wasn’t discussed with me at all. I was supposed to take the OTP to the bank to apply for a bond.
My questions are: does this make the offer null and void if they don’t secure another property?
Are they allowed to add this clause?
Would this clause hinder my successes of getting approved by the bank?
What happens if they don’t secure another property and I’ve already been approved by the bank?