Caution Required When Drafting Off The Plan Contracts Of Sale.
Mondaq Business Briefing › Nbr. 2009, January 2009
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Caution Required When Drafting Off The Plan Contracts Of Sale.
Under Section 9AA of the Sale of Land Act (Vic) 1962 (Act), an 'off the plan' contract of sale will be unenforceable where it provides that a vendor can retain the deposit prior to registration of the plan of subdivision.
The recent decision in Everest Project Developments...See the full content of this document
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