An agent’s failure to action a seller’s notification of termination of a $1.5 mil sale upon a deposit default has led to...
Developer alleges bank conspired with funds giant KKR to crash $42 mil deal
Just how was a private equity buyer to comply with a “best endeavours” obligation to secure a loan approval ...
Misleading artist’s impression: court cancels $10 mil luxury unit deal
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...