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My reading of this situation is that the contract was conditional, but the condition having been previously satisfied when they got an approval, is now unconditional. The condition isn't re-enlivened if his finance falls through after the condition has been satisfied. That seems like a very...

Ooh, is this as exemplified by Walton Stores v Maher?

Unless the statutes have been modified in the 12 months since my contracts textbook was published, contracts for sale (and leases, and guarantees) must be evidenced in writing, but statute is silent as to how they may be varied and terminated. As such, it is determined by the common law...

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Bahahaha - it's fullylucky. ;) The thread is fully sick, for sure.

Neither of those scenarios would be enough to give rise to an estoppel. This situation probably lacks the element of inducement that gives rise to unconscionability, e.g. it'd be different if the vendor induced the buyer to believe they'd be released from the subject contract, in order for the...

No, you can't rescind on the basis of an insurable event. If the owner damages the property in a non-insurable manner - e.g. removes fixtures, puts holes in the wall - then you could raise these at pre-settlement inspection. But if the property is damaged due to an insurable event, you are...

It's about assessing what your contractual intentions are based on your conduct. Feelings and so on do generally mean squat, but it's relevant to how a reasonable person interprets your behaviour. If you ask to be released from a contract, and the other party asks for your letter of...

Which threads on Somersoft have made you howl with laughter?

Not so much. :/ It was a gorgeous mission brown colour, though.

I predict you and Brisbane City Council planners are not going to be good friends. :p

I learned to drive in a 180B... memories!

Avira, but I'm not sure if it was that that detected propertychat, or some of the voluminous bloatware one gets with a Dell.

I got the same and, trusting Sim :), just told my antivirus to ignore it.

I've made a lot of friends, and gained some great professional contacts. One forumite went way beyond the call of duty a few years ago, when I was in a short-term difficult spot, and when I was talking to her about it via PM, she offered to lend me several $000. I can't recall if we'd never...

I am not a lawyer, and it almost certainly won't. But you have to be careful not to give rise to what's called an estoppel, which basically means that you "can't go back on your word to somebody else's detriment". (I hope Terry excuses my lay interpretation.) The vendor asks for evidence of...

If they had advised that the contract finance condition was satisfied, the contract had become unconditional and the bank revoking their finance would be the buyer's problem, not yours. My only reservation is that you mention an on-completion valuation. Provided they advised "finance satisfied...

1) You need cooling more than heating, so if you're installing an air-con, you may as well make it reverse cycle. 2) Most of Brissie doesn't have gas lines. (You can set up LPG bottles, but don't know if they're up to the task of running a central gas heating system - haven't ever seen one in...

Just pick up where we left off? ;) I have both open at the moment. :)

Yes, to their shame, Labor implemented it. I guess Anne Frank is admired because she did the right thing and just got murdered, rather than troubling somebody else to try and secure her safety. Bless her.