09/12/2007
The vendor has the right to receive the full amount of the agreed price from the purchaser at the time the sale contract is settled. Frequently the vendor has already received an advance payment on that price, generally as a deposit: in that case he will have the right to receive the difference to make up the full agreed price.
The vendor has the option to allow the purchaser a deferral of payment, with or without interest.
It is up to the discretion of the vendor (based on the trust h