Interest charged by Landcom for late settlement

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Mar 03, 2015
4:04 pm

Hi,

I would like to know how much Landcom will charge if there will be delay in settlement from the buyer.

Thanks....

Mar 17, 2015
8:37 am

mansawant

Hi,

I would like to know how much Landcom will charge if there will be delay in settlement from the buyer.

Thanks....

This should be in your contract. Your solicitor (if you have one) would know of this. For me, it's somewhere in the neighbourhood of $70 / day.

13/02/2024

Once you know the basics, the rest is easy. Read my post in the thread linked below. viewtopic.php?p=1919271#p1919271

24/11/2023

Like I said the Occupancy Certificate is not the tollgate that marks the completion of the house. The contract defines…