Tag Archive: loan approval

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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