Browse Forums Real Estate Re: sued by property agent due to pull out last minute 12Oct 09, 2013 1:33 pm Building the Leabrook with Fairmont Homes in Mallala, SA. Building contract 24/3/13 Council Approval 18/6/13 Selections 29/6/13 & 1/7/13 Site works 21/10/13 Slab 7/11/13 Re: sued by property agent due to pull out last minute 14Oct 09, 2013 3:39 pm http://www.tyler.com.au/web/faqs.asp#Real_Estate Purchase/sale of real estate Can I be gazumped if I leave a holding deposit with the agent for a property I want to buy? In principle, yes, because the property remains 'on the market' (i.e., available for sale) until a contract for its sale is made. A seller may agree to take the property off the market for a short period after you pay a holding deposit, to give you enough time to complete the things that are necessary before you exchange contracts. However, the seller is not prevented from selling the property to someone else if he chooses to. If you are buying a residential property, you can exchange contracts and have a 'cooling off' period of 5 business days, during which you can complete the necessary checks and decide whether or not to proceed with the purchase. This prevents the seller from selling the property to anyone else. However, if you decide not to proceed, then you must pay the seller 0.25% of the agreed price. Black on light wood does look good. Not sure if it will be as long lasting as a steel finish? 6 4593 Before you rip it up, if you can in the grout lines, drill some holes and pour/inject techgrip by sika. I have used it to bond mdf to timber, but in the process it dripped… 1 2990 Not much in this responce. My suggestion is, what are you looking to build and why. This will all be impacted by the local councils planning scheme. Familiarise yourself… 6 4946 |