Tag Archive: deposit release

Section 27 Deposit Release – Our Policy on Early Deposit Release

Russell Cocks, a leading property lawyer in Victoria and author of numerous articles relating to property law, wrote a comprehensive article on the early release of deposits under Section 27 of the Sale of Land Act 1962 titled “Deposit Release – Why Take the Risk?“. Mr Cocks’ conclusions and warnings, together with those of other leading industry commentators, have informed our policy of automatically objecting to the early release of deposit, and our advice to purchaser...

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