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Thanks Terry, What if they do release the 10% deposit to the seller before settlement? I will contact my solicitor and ask if I can pay the 10% deposit subject to it not being release before settlement? Can I do that?

Well I happened to speak with my broker before calling my solicitor, who in the end, already knew about the two caveats. I'm a little lost when it comes to caveats. I understand that I should lodge one against the property. Especially before I hand over 10%. This is my fourth property...

Hi All, I signed a contract of sale on a property subject to finance. I popped a $1000 deposit. I was then informed by my broker that there are two caveats on the property which will need to be removed before settlement which is in 4 months. The caveats are with Legal Aid and Melbourne...