Clause and Effects – Costly Court Case, Commission Lost and a Solicitor Sued

Two years ago this month Don and Elsie Luxton, an elderly couple, successfully escaped an apparently binding contract for the sale of a vacant acreage block. They had earlier agreed to sell the property to Shaun and Sheree Johnson, a young couple, who planned to convert it into a mountain-bike park. The Luxtons decided afterwards that they had sold too cheaply, and would cancel if Johnsons could not secure their prior sale in time.

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Ian Reid Takes Aim at Fellow Estate Agents

High-profile Melbourne real estate agent Ian Reid has copped some heavy criticism in the past over his Gazumping Clause and his Finance Clause. However, it seems that Ian Reid can be a straight-shooter when it comes to exposing his fellow estate agents.

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Fair Trading Nabs False Solicitor

Fair Trading may have made legal history when it laid these “marketeering” charges, in circumstances of apparent illegal property conveyancing, because no other action was taken by the Legal Services Commissioner under the protective legislation he polices.

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Great Rate, With A Terrible Headache

Imagine my client’s glee when he received pre-approval for a loan to buy his first home. The broker had found him a low rate - he hadn’t been able to borrow enough from the major lenders - and had promised the world.

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