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 development prospect (more…)
Terence Street was rapidly reaching the limit of his $450k bank line of credit when he floated his Hope Island home as a development prospect (more…)
In May 2008 Kym Boylan sold her $5.5 million Nerang riverfront residence via Put & Call Option and last month finally recovered the $2.1 million (more…)
Before last week I felt just a little – in relation to the already considerable volume of law on PAMDA’s application to options (more…)
The last word on the application of PAMDA to put and call options was spoken by the Court of Appeal in September 2010: “Yes” – PAMDA does apply and (more…)
The Court of Appeal this week reversed an earlier immunity granted to developers’ put and call options with regard to termination for non-compliance with PAMDA - just in time to allow property marketers to escape contracts prior to the Thursday 30 September (more…)
A put and call option is sometimes treated in law in the same way as a sale contract and if it relates to residential property, the PAMDA processes – warning statement and presentation (more…)