Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In Victoria Australia Harry saw an advertisement for an apartment for sale off the plan with massive stamp duty savings. On Saturday Harry signed a

In Victoria Australia 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 of the Sale of Land Act 1962 - Victoria and a contract of sale, and paid 5% 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. Advise.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Text and Cases

Authors: Kenneth W. Clarkson, Roger Miller, Frank B. Cross

14th edition

978-1305967250, 1305967259, 978-1337514422, 133751442X, 978-1337374491

More Books

Students also viewed these Law questions

Question

Discuss what happens when children develop two languages.

Answered: 1 week ago