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  1. Lofty

    Vendor Finance and Licensing

    Hi Taylor I'm not sure as I normally use Tony Cordato and only meet with James at the Vendor Finance Association meetings. I got his contact details earlier from the Yellow Pages but I can see the following details at LawyerList.com.au James Soulos Phone: 02 97970499 Street Address: 2 Knox...
  2. Lofty

    Vendor Finance and Licensing

    Hi scha Try James Soulos at JS Legal Solicitors - Eastwood, NSW Ste3/ 4 Hillview Rd, Eastwood NSW 2122, Australia Phone number(02) 9858 3600 Cheers, Paul
  3. Lofty

    Vendor Finance and Licensing

    Hi scha9799 Terry has covered the question of ownership but as you initially mentioned a company and then a company/trust, as he says, that's a different story and you need to take some expert professional advice as mentioned by Darryl. On the issue of licensing you need to closely watch the...
  4. Lofty

    Vendor Finance and Licensing

    Hi Melanie Yes, I'd look seriously at ensuring your husband's real estate agent licence is current and then becoming a Representative under his Licence. The course to get your Representative Certificate is usually only a weekend course. Cheers, Paul
  5. Lofty

    Vendor Finance and Licensing

    Hi Melanie In the Victorian Estate Agents Act 1980 the definition of a real estate agent is: 'estate agent or agent means any person (whether or not he carries on any other business) who exercises or carries on or advertises or notifies or states that he exercises or carries on or that he is...
  6. Lofty

    Vendor Finance and Licensing

    Hi Angel That sounds sensible to me. Send me a private message if you would like the contact details of an experienced Qld vendor financier who has his real estate agent licence. Cheers, Paul
  7. Lofty

    Vendor Finance and Licensing

    One of the most frustrating points in regard to vendor finance (VF) is the legislation coverage of the three most popular VF techniques. Instalment Contracts and Deposit Finance (sometimes called a Second Mortgage Carry Back), are credit contracts and are controlled by the National Credit Code...
  8. Lofty

    Vendor Finance and Licensing

    If you've been following the Innovative Techniques Forum for awhile you'll have noticed I've been encouraging vendor financiers to get properly licensed for more than two years now. A recent judgment in the WA Supreme Court has been talked about on this forum before and resulted in yesterday's...
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