Investor

7
Jun

Directors sued over lease guarantee to prior landlord 20 yrs on

The former directors of a food-service business who sold down their shares to a new operator have been sued for the buyer’s rent arrears under a personal guarantee they signed 20 years earlier in favour of the property’s former owner. Anthony Rich acquired the Rocklea warehouse from West Pacific Properties in July 1998. Just two weeks earlier the vendors had granted a

Read more

4
Jun

Gold Coast agency to reimburse buyer $1.6mil for “rent return” error

Ray White Commercial has been ordered to pay a Queensland investor the deficiency in value of a commercial property resulting from an ambiguity in its Information Memorandum. The agency’s David Djurovitch sent the IM to investor Brian Makings in August 2009 and shortly after contacted him to advise the retail centre at Robina had been passed in at auction at $6.7

Read more

23
Apr

Court orders halt to recovery action on “predatory” loans to desperate business

Private loans with “stratospheric” interest rates exploited the financial desperation of a novice

21
Mar

Qld buyers pay $320k for Detroit homes, lose the lot

A local couple has failed in their bid to have the Property Agents Fidelity Fund reimburse them

18
Oct

Court scathing over rent to buy contract terms disparity

In January 2009 Toni Clarke and Shayne Tapper signed a rent to buy contract with the aim of

23
Aug

The game just changed for Crown tenants: not “looked after” at all

To the disappointment of the prospective tenants, James Packer’s Crown Resorts refused to include an option period in 

22
Aug

Bank loan fine print scuttles Double D aspirations

Although there has been a substantial recovery in Gold Coast property from the depths of the GFC, 

21
Jul

Solicitor sued on borrower mis-identification

A mortgage manager who negotiated a loan at the request of a broker has sued the solicitor entrusted

18
Jul

A fixture or not? Dishwasher question at end to bitter co-owner contest

A trustee sale of a valuable ‘duplex’ in a prestigious oceanfront location descended into an argument over kitchen cabinets and a dishwasher

27
Jun

“Frenchness” bubbles over in Champange

The Comité Interprofessionnel du Vin de Champagne which represents growers, producers

Get in touch