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  1. Spades

    Deposit release before settlement?

    Hi Terry, That's what i was thinking re:lodging a caveat after deposit release,just to cover my A$$. Will be speaking to my conveyancer/solicitor tomorrow. Hi Scott, I was thinking that yesterday that there's no benefit in it for me on a deposit release. Re:Early access,i have written that...
  2. Spades

    Deposit release before settlement?

    Of course,who wouldn't?
  3. Spades

    Deposit release before settlement?

    Aaron,the thing i don't get is the vendor owns the home outright,so why won't the vendor accept a deposit bond,if equity is not released on time? What other reasons could there be to want the deposit early?When obviously vendor has the funds to follow through on the next purchase. Edit*There...
  4. Spades

    Deposit release before settlement?

    Sweet,thanks Aaron.
  5. Spades

    Deposit release before settlement?

    Hi Dave, That's my thoughts as well and especially after reading on the net,some of the examples you listed plus. Hi Aaron, Thanks for that..had that link btw Aaron,but thanks all the same. I'm just not comfortable with vendor having access to deposit before settlement as the property at this...
  6. Spades

    Deposit release before settlement?

    G'Morn everyone, I was talking to my conveyancer yesterday and was mentioned that vendor wants the deposit after finance has been approved. I never knew you could do this but doesn't purchaser have to sign a Section 27 Statement granting the release of the deposit?I've signed no sec 27. As...
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