Hoping someone may have had some experience in this issue.
I've recently purchased a vacant block in an estate. At settlement the vendor had paid the full years rates for the whole estate (subdivided into 32 lots).
We determined our share of the rates paid by determining our portion of the total land involved and settled the adjustment.
The council has since revalued the land and come up with a new rates amount. No issues there, but they cannot explain how they worked out what payments had already been received by the vendor on our behalf. Their calculation is less than half what we determined at settlement a month prior.
The new rates amount outstanding is 3/4 of the years total,for a block that we only have ownership for 6 months of the year in question.
Do i need to call in the lawyers, or does this happen a lot with new estates??