Diploma of Business Law, Corporate Law, Property Law (Conveyance).

Australian National University. Could you please answer below case scenario:

-Harry purchased land with improvements in Melbourne. The one-page Section 32 Statement had attached to it a title search which had been conducted 18 months earlier, a 12 months old Municipal rate notice (not a land information certificate) and nothing else. What should you do? Do you consider any section of S. 32 of the Sale of Land Act 1962 would apply?

Answer:

-If Harry and Sam conducted an inspection of the property the day before settlement and discovered that the concrete bird bath and its stand were missing from the rear garden, explain if such a breach of contract would entitle them to refuse to settle, if the contract was silent on this point?

-Harry saw an advertisement for an apartment for sale "off the plan" with "massive stamp duty savings". On Saturday Harry signed a Section 32 disclosure statement and a contract of sale, and paid5% deposit. On Wednesday following, Harry appointed you as his conveyancer. Special Condition 100 of the contract required Harry to pay "up to 10% of additional construction costs if the construction was over the building budget." The budget was not disclosed. Harry, dismayed, wished he had never signed. Advice