Contracts Fundamentally Flawed

Posted on May 3, 2007 by | 0 Comments

Tim O'Dwyer M.B., LL.Bby Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate

Queensland’s major daily newspaper, The Courier Mail, has reported that millions of dollars worth of property contracts signed in that State in the past two months are flawed.Have your lawyer check it first!Seemingly minor errors, including documents being faxed in the wrong order or the wrong sized typefaces used in contracts, could render sales void, wrote The Courier’s Consumer Affairs Reporter Chris Griffith.

Lawyers have warned that buyers and some sellers could terminate hundreds of contracts signed since December 1, he added.

Real estate agents and some legal firms are alleged to have failed to comply with amended Queensland law containing highly detailed requirements for consumer warnings that are issued with contracts.

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