COVID legal issues explored in Valley nightclub sale contest; consent of lessor’s mortgagee a must for assignment August 19, 2020 | 696 views On 26 February – as the coronavirus panic was emerging worldwide – a contract was inked for the Read Story
Developer calls no evidence of unit’s value; court grants specific performance to avoid damages price drop signal June 09, 2020 | 513 views An off-the-plan purchase of a Canberra unit signed up in August 2016 was to be settled 14 days after Read Story
Buyer crashes contract for late delivery of certificate: when is a ‘day’ a day and not 24 hours? June 08, 2020 | 483 views Even the most seasoned sales agents and lawyers can come unstuck when it comes to the calculation of Read Story
EFT trust account transfer hacked; court upholds contract termination due to non-payment of deposit June 05, 2020 | 710 views A contract signed up for the residence in Sydney’s Botany Bay on February 1 2020 required full pay Read Story
Buyer misled by subdivision “sold” prices, wins $2.6 mil comp for sale above market value June 04, 2020 | 529 views In September 2007 Derek Eckford and wife Gale were enticed by a sign advertising the sale of undevel Read Story
Are Rent to Buy deals dead? Owners must repay buyer’s improvement costs and excessive deposit November 07, 2019 | 715 views The marketeer guaranteed to cover the owners’ mortgage payments and other outgoings in exchange fo Read Story
Contract crashed on incomplete DA works, seller saved by interim occupancy certificate November 04, 2019 | 597 views It is not uncommon for residential sales contracts to require the seller to complete specified works Read Story
Anatomy of a subdivision: Developer’s role reversal forces profit payment from lender June 13, 2019 | 476 views A seasoned civil works contractor keen to develop a major Lockyer Valley subdivision enlisted the su Read Story
Court declares ‘mistake’, reverses buyer’s $330k property contract windfall June 11, 2019 | 627 views Standard real estate contract terms provide for the adjustment of rental prepayments as between buye Read Story