Question
1.The property is sold to BigTime Corporation. Big Time wants to use the premises for its own bakery company. They had inspected the property before
1.The property is sold to BigTime Corporation. Big Time wants to use the premises for its own bakery company. They had inspected the property before purchase. They come to Abed and tell him they want to vacate at the end of the first 5-year term.It turns out that Sebastian had not registered the initial lease.
a.What type of interest does Abed hold if the lease is not registered?
b.Can BigTime evict Abed at the end of the initial lease?Why or why not?
c.Does Abed have any possible course of action? Consider:
i.The bona fide purchaser for notice test
The impact a caveat would have.
answer with australian law
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