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Early Release of Deposits in Victorian Property Transactions
Navigating the complexities of property transactions in Victoria can be challenging, especially when it comes to the early release of deposits. While vendors may be eager to access funds before settlement, the process is governed by strict statutory requirements under Section 27 of the Sale of Land Act 1962 (Vic). Recent court decisions, including the case of GLP Batesford Holdings Pty Ltd v 68 Bridge Road Land Pty Ltd, have highlighted the risks of attempting to bypass these
Andrews Crosthwaite
Nov 84 min read


What is a Section 32 Statement/Vendor Statement?
A Vendor Statement discloses specific information so as to allow the purchaser to make an informed decision regarding a property.
ASAP Lawyers
Nov 7, 20223 min read


Buying at or before an auction
the very nature of an auction can create inherent risks for a purchaser and it is important for purchasers to consider the following items.
ASAP Lawyers
Jul 18, 20222 min read


Types of ownership
Types of ownership of jointly owned property.
ASAP Lawyers
May 2, 20222 min read


What is a final inspection?
When purchasing a property, general condition 22 of the Contract of Sale states that you (or a person nominated by you) have the right to...
ASAP Lawyers
Feb 22, 20222 min read


What is a Solicitor/Guarantor Certificate?
Generally, a Solicitor’s Certificate is required by banks when you have been asked to guarantee a loan. A guarantee to a loan is an...
ASAP Lawyers
Dec 2, 20212 min read


What is e-conveyancing?
Electronic conveyancing or “e-conveyancing” is an online platform provided by Property Exchange Australia Limited (PEXA), where...
ASAP Lawyers
Nov 24, 20211 min read
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