All Topics / Help Needed! / Buying & selling Contract withdrawing b/f settleement.

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  • Profile photo of BrightsideBrightside
    Participant
    @brightside
    Join Date: 2006
    Post Count: 8
    May 28, 2011 - 8:26 am

    How to void the selling contract b/c of change in circumestances.
    any comments

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069
    May 28, 2011 - 8:35 am

    Are you the buyer or the seller? Either way, if exchange has occurred I’m sure you’ll have to compensate the other party in some way.

    Best to seek advice from your conveyancer/solicitor.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of EPI_DenEPI_Den
    Member
    @epi_den
    Join Date: 2010
    Post Count: 71
    May 28, 2011 - 10:57 am

    If the cooling off period has expired then you will need to negotiate something with the other party – that's the point of a contract!

    Good luck!

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