The off-the-plan buyers of a luxury inner city high rise have convinced a court to void their $9.58 mil buy on the groun...
Buyer signs contract before paying deposit: can seller terminate for breach?
In a sign of an accelerating property market, the seller of an industrial site in western Brisbane has purported to term...
Judge puts paid to seller’s remorse over Buderim luxury resort site sale
A reluctant seller has been ordered to complete the second stage of a $20.5 mil Sunshine Coast wellness resort sale wit...
Landlord wins end to loss making deal; defeats repudiation and income loss claims
A landlord who terminated a long term contract for use of a Valley wedding venue by unilaterally deciding the arrangemen...
Investor hit nearly $400k for failure to settle on mis-timed unit buys
A Brisbane investor has been ordered to pay substantial losses to a developer as a result of his failure to settle on tw...
Option expires on weekend & requires deposit by cheque: will Monday’s EFT count?
Sellers who granted their buyers a 10 month option over a valuable harbour-view home have been able to escape the sale a...
Glitter strip seller loses round 1 in bid to escape luxury vacant site deal for higher price
An August 2020 agreement for the sale of a Sovereign Island double block at $4.95 mil is before the courts after the sel...
Miami seller wins $130k price loss from buyer in default as unit’s value soars
Demonstrating the importance of timing in property investment, a Gold Coast condo seller has won substantial damages for...
COVID legal issues explored in Valley nightclub sale contest; consent of lessor’s mortgagee a must for assignment
On 26 February – as the coronavirus panic was emerging worldwide – a contract was inked for the $550k sale of the upscale Palace Lounge in the heart of Brisbane’s