Tag Archive: termination

Ma and Pa Kettle Go to Court

Posted on September 9, 2013 by | 0 Comments
OPINION by Tim O’Dwyer M.A., LL.B Solicitor Consumer Advocate watchdog@argonautlegal.com.au   On 27th May Peter and Helen Kettle contracted to sell both units of their Surfers Paradise duplex (for $1.2 million and $800,000 respectively) to Milani Properties Pty. Ltd.   Deposits totalling $170,000 were paid to Milani’s solicitor’s trust account.  Settlement of each contract was due on 13th July, subject to finance approval by the “Finance Date” of 17th June. The finance clause in both contracts...

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At Loggerheads Over Seasonal Lodging

Posted on December 1, 2009 by | 2 Comments
OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au   Contractual time limits which run out between Christmas and New Year should, as this Blog has previously shown, ring alarm bells for purchasers and their legal advisers.  Nevertheless, neither developer Bannercorp* Pty Ltd nor its solicitors heard so much as a tingle when a critical condition in Bannercorp’s time-of-the-essence purchase contract (dated 3rd August, 2007) was mutually extended from 90  to 150 days from the contract date.  This...

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