Sought advice from Property Lawyer!
Hi everyone and thanks to those who responded! I sought advice from a Property Lawyer and thought I'd post his advice for learning.
Basically in a nutshell:
The original contract specified the receiver, as the seller. For the second mortgage to be...
We are looking at buying a QLD property at receivers auction that has two mortgages and one caveat placed on the property.
1. Generally speaking, will these be released/removed and will we get clear title to the property?
2. Is it possible that not all mortgages will be released and the...