Forum Replies Created
- Qlds007 wrote:If the terms of the contract change you are certainly not trying to obtain a property by deception.
If i undertake a Building Inspection report and this proves to be not satisfactory for my purposes I have every legal right to terminate the existing contract assuming the Contract was subject to this condition.
If after a period of negotiating in the price or terms i decide to enter into a new contract this is perfectly legal. I may run the risk that the vendor says NO as he has sold it to someone else but other than I am perfectly in my right to make another separate offer.
Qlds007, Sounds like there is some promise coming through.
How do all these supposed legit reasons for cancel and re-entry stack up if the contract is a non-conditional contract? Which is typically the contract that one enters on an off the plan build.
This has already been agreed on by the developer, so there are no issues there.
I'm more worried about the federal government and if there are any issues surrounding that.
Is this dodgey? Could my current solicitor be obliged to report this type of activity?Qlds007 wrote:Hi CaseFHOG based on the Contract date.
With an off the plan contract you maybe able to terminate the existing contract and sign a new one with the vendor having a contract date post 14th October 2008.
Hey guys, Long time reader, first time poster. You are all fantastic contributers to my goal of becoming a successful Property Investor.
The above is the exact position I am in atm. Is there any legal issues with exiting one contract and then entering another that have the exact same terms with different signed date?
I have talked to my developer and he seems to think that i have to make a convincing case to my solicitor that I really don't want the property and that I can't return to same solicitor.
Can anyone shed some light on this issue any further?
FallOut
