Saturday, August 13, 2011

WTF - Special Condition in Contract of Sale

Hey this dude is way beyond the curve. Found this special condition contained in a Contract of Sale .....

"If by the Settlement Date, electronic conveyancing has been introduced within Victoria (not on a trial basis), the Vendor may advise the Purchaser that it wishes to settle electronically. If the Purchaser elects not to settle electronically, it shall pay to the Vendor at settlement, $200, being the Vendor's estimate of the additional expense in not settling electronically"

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