Court dismisses “unfair” CBA home re-possession action
Australia’s largest bank has been denied re-possession of a Boronia Heights home that it had hoped to sell to cover the homeowner’s $300,000 (more…)
Australia’s largest bank has been denied re-possession of a Boronia Heights home that it had hoped to sell to cover the homeowner’s $300,000 (more…)
Investors whose successfully recovered a $135k deposit as a result of a settlement “no-show” on the sale of their $1.35 million Isle of Capri home in September, have themselves been ordered to pay up more than $200k (more…)
A plea for relief to Queensland’s court of appeal by Currumbin Valley home owners – who failed in their self-represented September bid to prevent foreclosure by their mortgage lender – has been abandoned with the borrowers deciding instead to rely upon a recent worldwide debt (more…)
Imprecision in the language used to specify the date for approval of finance and settlement date, was the source of a dispute before Brisbane’s District Court concerning a $1.125 million (more…)
The “earn out” has its origin in private equity deals where the seller commits to a projected earnings level to accommodate a high sale price expectation that the buyer will only have to (more…)
Lawyers skilfully avoid the sudden death consequences of last-minute delays in documentation or showing up late to a settlement location by specifying (more…)
Queensland solicitors have been warned to take special care to avoid financial risks posed by flood induced delays to critical action dates in property (more…)
A $3.27 million investment with property fund manager Securcorp, was induced by assurances of a “safe and secure” venture that included personal guarantees from asset rich individuals. (more…)
The Supreme Court last month ruled on the PAMDA derailment of a successful off-the-plan sales campaign by distressed Mudgeeraba unit developer SDW Projects, opening the way for damages claims against some of (more…)
An exclusive listing agent who cancelled a written conjunction agreement just days after the other agent’s client signed up for the buy (more…)