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  1. Rockstar

    The Ethics and Legalities of Gazumping

    Update Well Ms Wireless did finally come back last week with an offer 1k above P1 with same conditions. At that stage I had the opportunity to say 1st in 1st served. I reaffirmed the status of P1 whom I emotionally favoured (:() as she was really keen on the house and had paid for her...
  2. Rockstar

    The Ethics and Legalities of Gazumping

    Thanks Andrew, That's easy and straightforward. Will file it in my brain. :) Sales advice was issued last Tuesday. Will chase up the status of contract tomorrow. I assume it has been given to purchasers lawyer ( their office is next door to my lawyers office which is handy for quick...
  3. Rockstar

    The Ethics and Legalities of Gazumping

    Apparantly Ms Wireless will play her hand tomorrow. We are in the position where an exchanged contract pre June 30 will help us nicely with tax savings because the next duplex unit will be sold within the next financial yr. It is also in the purchasers interest as they will be eligible for the...
  4. Rockstar

    The Ethics and Legalities of Gazumping

    You're a generous crew. Thanks for the input. I was waiting for Daz to come on and hammer me about not being in the drivers seat controlling the show. :D Anyway, I would have fully agreed with him. I have been so consumed with building the box that this one hit me unprepared and inexperienced...
  5. Rockstar

    The Ethics and Legalities of Gazumping

    Hi Crew, I have been gazumped before and it left a bad taste in my mouth for a while. However one must realise that there are both ethics and legal requirements in place when it comes to selling and buying. Now I find myself in a position where I may be tested. Where do I stand? All alone...
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