“Non-refundable” deposit ≠instalment contract: buyer drops $365k deposit May 18, 2023 | 1214 views A buyer who failed to settle the purchase of what was claimed to be an instalment contract has lost Read Story
Maroochy buyer hit for repudiation, sellers keep $1m deposit March 23, 2023 | 887 views In what circumstances can a buyer terminate a contract by reason of an important third-party covenan Read Story
Court ticks contract termination due display suite discrepancies; inadequate disclaimers November 18, 2022 | 2034 views An off the plan luxury unit buyer has persuaded a court to uphold the terminate the contract by reas Read Story
Honest developer let out of land presales as council gets stingy on offset allowances September 20, 2022 | 1010 views What measures are permissible for a developer to escape unit or land presales in a rising market or Read Story
Buyer a no-show at PEXA workspace; seller terminates and sues August 13, 2022 | 1003 views Margaret and Andy Culjaks’ $1.55 million December 2020 sale of their residence was due to settle o Read Story
Agent fails to notify buyer contract ended due late deposit; buyer forces sale on May 24, 2022 | 1879 views An agent’s failure to action a seller’s notification of termination of a $1.5 mil sale upon a de Read Story
Developer alleges bank conspired with funds giant KKR to crash $42 mil deal April 28, 2022 | 1361 views Just how was a private equity buyer to comply with a “best endeavours” obligation to secure a loan a Read Story
Misleading artist’s impression: court cancels $10 mil luxury unit deal April 24, 2022 | 1211 views The off-the-plan buyers of a luxury inner city high rise have convinced a court to void their $9.58 Read Story
Buyer signs contract before paying deposit: can seller terminate for breach? December 08, 2021 | 1284 views In a sign of an accelerating property market, the seller of an industrial site in western Brisbane h Read Story