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The seller has finally agreed to an extension of settlement a day before settlement was originally meant to take place. Thank you all for your suggestions. It was very helpful to hear your advice.

Thanks for clarifying Terry. What would happen if I have asked the seller to extend the settlement date and I am ready and willing to settle this Thursday if there is vacant possession but no vacant possession is provided and the seller refuses to extend the settlement date? Under this...

The latest is that the vendor issued a letter via their solicitor yesterday saying that they are would like to pay us below market rent for the month after settlement and we responded saying that we do not accept this position and that we would like to change the settlement date. Settlement...

The solicitor told me on Thursday that he wanted to wait until the weekend to see if the vendor will send us correspondence stating their intentions first. As we have not received anything, he said that he will call the vendor's solicitor on Monday morning. The solicitor has not provided any...

I purchased a house in Brisbane in March and I am due to settle on it next Thursday. I signed a standard REIQ Contract for Houses and Residential Land (10th edition). The vendor currently lives in the house and sub-lets three rooms. I notified the real estate agent two times over the past three...