All Topics / Legal & Accounting / Rent for the date of settlement

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  • Profile photo of SunMelbSunMelb
    Member
    @sunmelb
    Join Date: 2010
    Post Count: 1
    June 11, 2010 - 11:45 am

    Hi,

    I would like to know the rent for the date of settlement is belongs to the seller or buyer. I'd be very grateful to anyone who could help me to confirm this.

    Thanks.

    Profile photo of crjcrj
    Participant
    @crj
    Join Date: 2004
    Post Count: 618
    June 11, 2010 - 7:48 pm

    Read your contract.eg NSW 2005 contract says vendor entitled to rents and liable for rates up to and incuding the adjsutment date

    Profile photo of KateMelbKateMelb
    Member
    @katemelb
    Join Date: 2010
    Post Count: 71
    June 23, 2010 - 6:50 am

    You should receive rent from the day of settlement, although this could initially be included by way of an adjustment.

Viewing 3 posts - 1 through 3 (of 3 total)

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