A developer who guaranteed his investor a $100k gain by buying back the Goodna house & land stock four years after i...
Grantor defaults $250k option fee: “Exercise invalid by delivery of one contract not two”
The $250k call option fee paid by a would-be buyer in March 2015 to secure the $2.5 million residence was intended to fo...
Marketing squabble exposes builder to house & land heat
A falling out between a financial planning group and a home builder has exposed the inner workings of the burgeoning hou...
Penny pinching on legals a poor choice for spendthrift sellers
Terence Street was rapidly reaching the limit of his $450k bank line of credit when he floated his Hope Island home as a...
Seller recoups $2.1 million PAMDA loss on appeal
In May 2008 Kym Boylan sold her $5.5 million Nerang riverfront residence via Put & Call Option and last month finall...
PAMDA non-compliance: buyer recovers $250,000: two lots = one residential “parcel”
Before last week I felt just a little – in relation to the already considerable volume of law on PAMDA’s applicati...
Assimilation or devolution? When PAMDA does NOT apply to Put & Call options
The last word on the application of PAMDA to put and call options was spoken by the Court of Appeal in September 2010: “...
Reversal of fortune: Put & call options now liable to PAMDA termination
The Court of Appeal this week reversed an earlier immunity granted to developers’ put and call options with regard...
Residential Put & Call Options – does PAMDA apply?
A put and call option is sometimes treated in law in the same way as a sale contract and if it relates to residential pr...