Hi,
The vendor I am purchasing from can't meet the settlement date. My conveyancer said there is nothing I can claim from them. However, if I miss the settlement date, I will be liable to penalties. Is it fair?
Furthermore, if I incur a direct loss by having a signed a lease on my current place to start, and they delay it again causing the tenant can't move in (because I can't move to the new place), I could be held liable for any costs incurred by the tenants such as removalist/storage costs and alternate accommodation such as hotels.
So I am wondering if the unfair contract terms would apply to enable me to seek compensation should a direct loss happens.
Thanks
The vendor I am purchasing from can't meet the settlement date. My conveyancer said there is nothing I can claim from them. However, if I miss the settlement date, I will be liable to penalties. Is it fair?
Furthermore, if I incur a direct loss by having a signed a lease on my current place to start, and they delay it again causing the tenant can't move in (because I can't move to the new place), I could be held liable for any costs incurred by the tenants such as removalist/storage costs and alternate accommodation such as hotels.
So I am wondering if the unfair contract terms would apply to enable me to seek compensation should a direct loss happens.
Thanks