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  1. M

    Error in Contract of Sale - Rescind without penalty?

    My thoughts exactly..... Looks like it won't be worth the hassle in the long run. Will bite the bullet - rescind, move on, and find another solicitor for next round. Thanks guys!
  2. M

    Error in Contract of Sale - Rescind without penalty?

    Thanks for your response Dave. From what I've been advised the signed document received by my solicitor states only ONE vendor. Therefore the copy that I've signed (with 2 vendors) would be with the vendors solicitor. This is where I feel that document is in error and therefore - am...
  3. M

    Error in Contract of Sale - Rescind without penalty?

    The only thing being that the party was deceased PRIOR to the Contract of Sale. ie. Vendor's partner was deceased months ago - and we have only just signed the Contract (which is obviously incorrect). Bad oversight on their solicitor's behalf in my view. But from what i'm advised it...
  4. M

    Error in Contract of Sale - Rescind without penalty?

    Hi there, Have recently exchanged a Contract of Sale (with a 10 day cooling off period). Have just been notified that the document I signed stated two vendor's names on the Contract of Sale. Only problem being that one of the vendor's passed away a few months ago - to add the property...
  5. M

    Strata Manager Charged Wrong Fund

    Thanks for the reply. Whilst it is stated that we need to pay back the fund within 3 months. My concern is that the Strata Manager debited the wrong fund in the first place. Since this was a once off court cost in the magnitude of tens of thousands of dollars we requested that sinking fund...
  6. M

    Strata Manager Charged Wrong Fund

    Hi All, Am after some advice - our Strata Managers in their infinite wisdom have charged legal expenses (which we requested be to our sinking fund) against our Admin fund. We now have a deficit in our Admin fund which they are requesting we raise a Special Levy to cover. This is a...
  7. M

    Ditch Existing Managing Agent and Self Manage - What do i tell tenants?

    That's what really annoys me... I understand the 7% that is fine. But I feel they are fleecing me for charging "first week" and "last week" rent considering it is only for 6 weeks i am giving away 1/3 of all rental just in upfront (not including the weekly %). Confirms my thoughts on RE...
  8. M

    Ditch Existing Managing Agent and Self Manage - What do i tell tenants?

    Hi all, I've just settled on my first property and their is an existing lease with approx 6 weeks to run. I will be moving in once this fixed lease expires. Now the property is currently managed by an agent - whom i asked what their charges would be to continue on for the next 6 weeks and...
  9. M

    Existing Tenancy - become my own PM - how?

    Hi, I am just about to settle on my first property. The unit has an existing tenancy which will expire in approx 3 months. When this occurs I will be moving in. I was originally going to continue with the existing PM to keep things simple, however they are charging an arm and a leg, so i...
  10. M

    Offer beaten by asking price - can i still win? where to now?

    thanks for the response. so basically the only way i can 'win' this property is to offer more? seeing as asking price is met - if i offer the same does the first offer have preference over mine??
  11. M

    Offer beaten by asking price - can i still win? where to now?

    Hi all, have made an offer on a unit in the block i am currently renting in. this unit had its first open house today - my offer was placed prior to the open house and has immediately been beaten by an offer at the asking price, by a buyer at the open house. where do i now stand? do i...
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