Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your client, Mr Briggs, wants to buy a house in Maroubra from Ms Aman. Ms Aman is moving to Melbourne in a year's time and

Your client, Mr Briggs, wants to buy a house in Maroubra from Ms Aman. Ms Aman is moving to Melbourne in a year's time and would like to be able to stay in the house until she moves but does not want to pass up on Mr Briggs's offer to buy her house now.He plans to build a second house on the land.

What kind of contract rights and property rights will you need to create for Mr Briggs?

6 months into the construction the builder, Mr Cropply is living on site in the partially constructed house.Mr Briggs has given him permission to do so in return for a reduction in construction costs.Ms Aman is living in the original house and paying Mr Briggs $500/week.Mr Briggs is offered an extremely good price for the land and sells them both to Ms Donald.Ms Donald's father is a builder and she wants him to finish the construction on the second house.She tells Mr Cropply to move out and leave all construction materials on site.She also tells Ms Aman that she wants her to move out of the original house in 2 weeks time.

Is Ms Donald entitled to make these demands of Mr Cropply and Ms Aman?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Corporate Finance

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

13th International Edition

1265533199, 978-1265533199

Students also viewed these Law questions