Total Members: 159,243

93561

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 7 months ago

    my solicitor file in the stamp duty for me.my solicitor wants to charge me 100$+ for filling the forms for the first home buyer grant.i dont to pay him more. so decided to do it myself.

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 7 months ago

    finally, today i settled my contract.i gave the cash cheque to my solicitor's wife (also his secretary) because he is not in the office.his secretary actually ask me to drive her to the vendor solicitor office. i rejected her and she actually gave me an evil glare and said she should have charged me extra delivery fee. it sounds like a joke. but…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 7 months ago

    god_of_money wrote:
    What was the reason why the bank could not release the title?

    according to my solicitor,the vendor break loan contract with bank. so the bank is charging him penalty.the bank even sent evaluater to visit the unit. i think there is a stage when the bank want to take over the unit.i was actually panic. dont know what to do.…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 7 months ago

    it was some up and downs…coz after the 42 days, i thought, YES, no more rent… now just wait for the settlement.then 14 days later, WHAT? have to pay rent for the past two weeks? then… another 14 days…. i was like… is this for real? can i be so bullied?comes the news that i dont have to pay rent, but have to wait another 14 days. i was…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 7 months ago

    it has been a while, so let me just summarise what happened.i found this unit, very nice appartment unit, paid 10%, then sign an occupation agreement to move in. after 42 days, vendor failed to get the bank release title, so gave him another 14 days plus me pay him rental another 14 days.then vendor still fail to release title, so i gave him a…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    so today, the 8th week after 10% deposit, my lawyer told me that the vendor has problem release title from bank. so my lawyer advise me to issue a notice of complete. so i got another two weeks to go. again, i am liable for another two weeks license fee to occupy.i am in such a difficult situation. should i start looking for a property to move…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    i am sorry, i thought "state" means something else:pthis property is from NSW statetoo paranoide with the meaning of every single word now."adjustment date", "direct damage", "licence to ocupy", etcplease give me advise

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    oh… when you said state, do you mean NSW state?yup, i am from sydney

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    elkam wrote:
    I saw in your 1st post that you listed land tax. Why would you need to pay land tax?. As you intend to live in the house you are not liable for land tax.  

    sorry, should be council rate.

    elkam wrote:
    Next time the vendor rings tell them sweetly that you are very happy to pay for the furniture immediately……as part of the s…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    err.. i dont know what state i am in.is it writen in contract?or… can you give me a few option and i tell you what state i am?at the moment, i paid the 10% deposit. paying "licence fee" to occupy, paying strata, council rate, and water levi. still paying all the above fee even though the original settlement date has past two weeks ago. and will…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    yea, i realise there is really nothing i can do. if only my lawyer stated that i dont have to pay after the very initial settlement date.what made me so mad is actually the unreasonable vendor. disagree with everything i says and i have to do everything he asked. for example, the day i moved in, i was not given the letter box key and window key.…[Read more]

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    my lawyer just called me and said the vendor again cannot complete the settlement tomorrow, which is the end of this "grace period".i am very pissed off that i was told that i have to continue paying this "rental" for another 2 weeks.what is my right?

  • 93561 replied to the topic Vendor delay settlement. i was charged with rental?!?! in the forum Legal & Accounting 15 years, 8 months ago

    yup, tried asked the vendor lawyer to reduce the two weeks rental. they rejected my request.then, stupidly, my lawyer said to me that i can withdraw the contract if i want to and get your 10% deposit back, but of course assuming i wont withdraw.then i said to him, yes, i like to withdraw, can i know the consequences and my lawyer was like, err……[Read more]

93561

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,243

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!