219. Time for preparation of purchase deed.

At common law the buyer is deemed to have accepted the seller's title when he submits the purchase deed to the seller for approval which means that it is inadvisable to send a draft deed to the seller before investigation of title1, including the receipt of satisfactory replies to requisitions on title2, is complete. In practice, where the form and content of the purchase deed have not been settled before exchange of contract3, the deed is usually prepared shortly after exchange of contracts and submitted to the seller for his approval together with the buyer's requisitions on title. The