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The property is sold ‘as is’.
We recommend a building and pest inspection is completed to check the property is in good condition
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2.1 Subject to the other provisions of this contract, the Property is sold "as is"," where is" and "with all faults" (including any latent defects) without any representation or warranty including, without (imitation, as to Its condition, fitness for purpose or compliance with laws or regulations.
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The property is sold ‘as is’.
We recommend a building and pest inspection is completed to check the property is in good condition
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Notices
Subject to the other provisions of this contract, the Property is sold "as is"," where is" and "with all faults" (including any latent defects) without any representation or warranty including, without (imitation, as to Its condition, fitness for purpose or compliance with laws or regulations.
| 144
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The property is sold ‘as is’.
We recommend a building and pest inspection is completed to check the property is in good condition
|
Notices
2.1 Subject to the other provisions of this contract, the Property is sold "as is"," where is" and "with all faults" without any representation or warranty including, without (imitation, as to Its condition, fitness for purpose or compliance with laws or regulations.
| 145
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The property is sold ‘as is’.
We recommend a building and pest inspection is completed to check the property is in good condition
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2.1 Subject to the other provisions of this contract, the Property is sold "as is"," where is" and "with all faults" without any representation or warranty including, without (imitation, as to Its condition, fitness for purpose or compliance with laws or regulations.
| 146
|
The property is sold ‘as is’.
We recommend a building and pest inspection is completed to check the property is in good condition
|
Notices
Subject to the other provisions of this contract, the Property is sold "as is"," where is" and "with all faults" without any representation or warranty including, without (imitation, as to Its condition, fitness for purpose or compliance with laws or regulations.
| 147
|
The property is sold ‘as is’.
We recommend a building and pest inspection is completed to check the property is in good condition
|
Subject to the other provisions of this contract, the Property is sold "as is"," where is" and "with all faults" (including any latent defects) without any representation or warranty including, without (imitation, as to Its condition, fitness for purpose or compliance with laws or regulations.
| 148
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The property is sold ‘as is’.
We recommend a building and pest inspection is completed to check the property is in good condition
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Subject to the other provisions of this contract, the Property is sold "as is"," where is" and "with all faults" without any representation or warranty including, without (imitation, as to Its condition, fitness for purpose or compliance with laws or regulations.
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 14% pa will apply.
12% pa is the standard.
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Default Interest
6 General Condition 33 is amended to provide that the interest rate shall be 14% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 14% pa will apply.
12% pa is the standard.
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6 General Condition 33 is amended to provide that the interest rate shall be 14% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
| 151
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 14% pa will apply.
12% pa is the standard.
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Default Interest
General Condition 33 is amended to provide that the interest rate shall be 14% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
| 152
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 14% pa will apply.
12% pa is the standard.
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General Condition 33 is amended to provide that the interest rate shall be 14% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
| 153
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 16% pa will apply.
12% pa is the standard.
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Default Interest
6 General Condition 33 is amended to provide that the interest rate shall be 16% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
| 154
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 16% pa will apply.
12% pa is the standard.
|
6 General Condition 33 is amended to provide that the interest rate shall be 16% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
| 155
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 16% pa will apply.
12% pa is the standard.
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Default Interest
General Condition 33 is amended to provide that the interest rate shall be 16% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
| 156
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Should the Purchaser default in any payment under the contract penalty interest at a rate of 16% pa will apply.
12% pa is the standard.
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General Condition 33 is amended to provide that the interest rate shall be 16% per annum plus the rate for the time being fixed by section 2 of the Penalty Interest Rates Act 1983.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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Default Expenses
7.1. The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
7.2. The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
7.3. The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
a)all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
b)interest payable by the vendor under any existing mortgage over the property;
c)accommodation expenses reasonably incurred by the vendor;
d)penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
e)penalties payable by the vendor under and head contract of sale relating to land;
f)any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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7.1. The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
7.2. The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
7.3. The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
a)all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
b)interest payable by the vendor under any existing mortgage over the property;
c)accommodation expenses reasonably incurred by the vendor;
d)penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
e)penalties payable by the vendor under and head contract of sale relating to land;
f)any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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Default Expenses
7.1. The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
7.2. The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
7.3. The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
interest payable by the vendor under any existing mortgage over the property;
accommodation expenses reasonably incurred by the vendor;
penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
penalties payable by the vendor under and head contract of sale relating to land;
any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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7.1. The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
7.2. The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
7.3. The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
interest payable by the vendor under any existing mortgage over the property;
accommodation expenses reasonably incurred by the vendor;
penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
penalties payable by the vendor under and head contract of sale relating to land;
any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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Default Expenses
The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
a)all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
b)interest payable by the vendor under any existing mortgage over the property;
c)accommodation expenses reasonably incurred by the vendor;
d)penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
e)penalties payable by the vendor under and head contract of sale relating to land;
f)any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
a)all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
b)interest payable by the vendor under any existing mortgage over the property;
c)accommodation expenses reasonably incurred by the vendor;
d)penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
e)penalties payable by the vendor under and head contract of sale relating to land;
f)any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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Default Expenses
The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
interest payable by the vendor under any existing mortgage over the property;
accommodation expenses reasonably incurred by the vendor;
penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
penalties payable by the vendor under and head contract of sale relating to land;
any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default:
all costs associated with obtaining bridging finance to complete the vendors purchase of another property and interest charges on such bridging finance;
interest payable by the vendor under any existing mortgage over the property;
accommodation expenses reasonably incurred by the vendor;
penalties payable by the vendor to a third party through any delay in completion of the vendors purchase;
penalties payable by the vendor under and head contract of sale relating to land;
any other such costs as are incurred by the vendor as a result of the purchaser’s default.
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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Default Expenses
7.1. The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
7.2. The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
7.3. The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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7.1. The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
7.2. The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
7.3. The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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Default Expenses
The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default
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Should the Purchaser breach the Contract, they will be required to pay any costs incurred by the Vendor due to the default including bridging finance costs, mortgage costs, accommodation expenses, penalties incurred to a third party and any other costs incurred to the purchaser’s default
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The Purchaser must pay the Vendor all costs and expenses incurred by the Vendor due to any breach of this contract by the Purchaser.
The Purchaser agrees that the reasonable foreseeable loss the Vendor may suffer due to the Purchaser's breach of this contact may include, without limitation, interest payable by the Vendor in
relation to loans secured on the property for the period from the date the residue is payable under this contract to the date the residue is paid, interest on bridging finance obtained by the Vendor for the same period to cover the Vendor's intended use of the price and the costs of that bridging finance and the cost of storing the Vendor's property usually kept in the property.
The purchaser shall pay to the vendor upon demand, without the need for the vendor to serve a default notice, for any of the below reasonably foreseeable losses attributed to the purchasers default
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If the purchaser wishes to re-schedule settlement, a fee of $110 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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Settlement Rescheduling
8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $110.00 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $110 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $110.00 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $110 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $110.00 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $110 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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Settlement Rescheduling
8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $110.00 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $110 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $110.00 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $110 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $110.00 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $350 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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Settlement Rescheduling
8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $350.00 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $350 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $350.00 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $350 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $350.00 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $350 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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Settlement Rescheduling
8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $350.00 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $350 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $350.00 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $350 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $350.00 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $510 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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Settlement Rescheduling
8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $510 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $510 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $510 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $510 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $510 (incl GST) payable to the vendors solicitor to account for additional work required to re-schedule settlement.
| 184
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If the purchaser wishes to re-schedule settlement, a fee of $510 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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Settlement Rescheduling
8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $510 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the purchaser wishes to re-schedule settlement, a fee of $510 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
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8 The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $510 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
| 186
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If the purchaser wishes to re-schedule settlement, a fee of $510 will be incurred.
This should be deleted. You should not be charged if you are not in default under the Contract.
|
The Purchaser acknowledges that should settlement need to be re-scheduled for any reason by the Purchaser or their lender, there shall be a fee of $510 payable to the vendors solicitor to account for additional work required to re-schedule settlement.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 197
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 199
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 200
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 201
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 202
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 60 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 60 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 203
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
14.2. If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
If the contract is terminated In accordance with this special condition, this special condition shall not merge upon the termination of the contract but shall continue to bind the purchaser as to the terms for the benefit of the vendor.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
|
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 213
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
|
Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 214
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
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In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
(a) terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
(b) extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 215
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
|
Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 216
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
|
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 217
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If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
|
Restrictions on Vendor
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 218
|
If the Vendor cannot settle due to injunction or caveat on the Title, they may terminate the contract or extend settlement by up to 45 days.
This should be deleted
|
In the event that the vendor shall be prevented or restrained from completing this contract by caveat, injection or otherwise, the vendor may at elect to:
terminate the contract by notice in writing to the purchaser prior to the date for completion of this contract (settlement), whereupon the contract shall be at an end and all money paid by way of deposit prior to the date of completion shall be returned to the purchaser In full. The purchaser shall not be entitled to claim for damages and compensation and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such termination; or
extend the time for payment of the balance for a period of up to 45 days to enable the vendor to remove any such caveat, injunction, or other restraint, so that the vendor will be able to give title to the purchaser in accordance with the contract. The purchaser shall not be entitled to claim for damages and compensation, and the vendor shall not be liable to the purchaser for any damages or compensation by reason of such extension. In the event the vendor is unable to give title to the purchaser in accordance with the contract by the extended date, the vendor may by notice in writing, terminate the contract and all money paid by way of deposit prior to the date or completion shall be returned to the purchaser in full. The purchaser shall not be entitled to claim for any damages or compensation by reason of such termination.
| 219
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
Damage or Destruction of Property
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
(a) complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
(b) rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 220
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If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
(a) complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
(b) rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 221
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
Damage or Destruction of Property
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
(a) complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance provided by part 2 Division 3 of the Sale of Land Act; or
(b) rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 222
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
(a) complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance provided by part 2 Division 3 of the Sale of Land Act; or
(b) rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 223
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
Damage or Destruction of Property
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 224
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
Damage or Destruction of Property
If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 225
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 226
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 227
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
Damage or Destruction of Property
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either
| 228
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
15.1. If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either
| 229
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
Damage or Destruction of Property
If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 230
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance (if any) provided by part 2 Division 3 of the Sale of Land Act; or
rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 231
|
If the Vendor cannot deliver the property at settlement in the same condition as the day of sale, the Purchaser can either claim compensation after settlement or rescind the contract and have the deposit money return.
|
Damage or Destruction of Property
If the Vendor cannot deliver the property in the condition required under General Condition 31.2 because of destruction or damage to the property, the Purchaser must within 14 days of being advised of the damages or destruction by the Vendor elect by notice to either:
complete the purchase and the Purchaser's sole right arising from the breach of General Condition 31.2 will be the right of indemnity under the Vendor's Insurance provided by part 2 Division 3 of the Sale of Land Act; or
rescind this Contract and the Purchaser's only claim against the Vendor will be for repayment of all moneys paid by the Purchaser by way of deposit in full.
| 232
|
15.2 If the Purchaser does not elect to either of the above, the Vendor may cancel the Contract.
This is unreasonable and should be deleted.
|
15.2 If the Purchaser does not so elect the Vendor may at any time after expiration of the Notice cancel this Contract and neither the Vendor nor the Purchaser will have any further rights or liabilities under this Contract save that the Vendor must refund to the Purchaser all moneys paid by way of deposit in full.
| 233
|
15.2 If the Purchaser does not elect to either of the above, the Vendor may cancel the Contract.
This is unreasonable and should be deleted.
|
If the Purchaser does not so elect the Vendor may at any time after expiration of the Notice cancel this Contract and neither the Vendor nor the Purchaser will have any further rights or liabilities under this Contract save that the Vendor must refund to the Purchaser all moneys paid by way of deposit in full.
| 234
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The Purchaser buys subject to any planning schemes
|
Planning Schemes
The purchaser buys subject to any restrictions imposed by the provisions of the Melbourne Metropolitan Planning Scheme and any other Town Planning Acts or Schemes. The vendor gives no warranty as to the use to which the land may be put.
| 235
|
The Purchaser buys subject to any planning schemes
|
The purchaser buys subject to any restrictions imposed by the provisions of the Melbourne Metropolitan Planning Scheme and any other Town Planning Acts or Schemes. The vendor gives no warranty as to the use to which the land may be put.
| 236
|
The Purchaser buys the property in its current condition subject to any misdescription, defects or non-compliance
|
Condition of the property
The Purchaser hereby accepts the current condition of the property and must not claim for compensation, nor refuse or delay payment of the Price, because of:
i. a misdescription of the Land;
ii. a deficiency in its area or measurements;
iii. improvements not being erected within the boundaries of the Land;
iv. the condition of the property, any patent or latent defects affecting the property including to the fixtures, fittings and chattels;
v. the issue or non-issue of Building Permits and/or completion of final inspections by the relevant authorities
| 237
|
The Purchaser buys the property in its current condition subject to any misdescription, defects or non-compliance
|
The Purchaser hereby accepts the current condition of the property and must not claim for compensation, nor refuse or delay payment of the Price, because of:
i. a misdescription of the Land;
ii. a deficiency in its area or measurements;
iii. improvements not being erected within the boundaries of the Land;
iv. the condition of the property, any patent or latent defects affecting the property including to the fixtures, fittings and chattels;
v. the issue or non-issue of Building Permits and/or completion of final inspections by the relevant authorities
| 238
|
The Purchaser buys the property in its current condition subject to any misdescription, defects or non-compliance
|
Condition of the property
The Purchaser hereby accepts the current condition of the property and must not claim for compensation, nor refuse or delay payment of the Price, because of:
a misdescription of the Land;
a deficiency in its area or measurements;
improvements not being erected within the boundaries of the Land;
the condition of the property, any patent or latent defects affecting the property including to the fixtures, fittings and chattels;
the issue or non-issue of Building Permits and/or completion of final inspections by the relevant authorities
| 239
|
The Purchaser buys the property in its current condition subject to any misdescription, defects or non-compliance
|
The Purchaser hereby accepts the current condition of the property and must not claim for compensation, nor refuse or delay payment of the Price, because of:
a misdescription of the Land;
a deficiency in its area or measurements;
improvements not being erected within the boundaries of the Land;
the condition of the property, any patent or latent defects affecting the property including to the fixtures, fittings and chattels;
the issue or non-issue of Building Permits and/or completion of final inspections by the relevant authorities
| 240
|
The Purchaser buys the property in its current condition subject to any misdescription, defects or non-compliance
|
Condition of the property
The Purchaser hereby accepts the current condition of the property and must not claim for compensation, nor refuse or delay payment of the Price, because of:
| 241
|
The Purchaser buys the property in its current condition subject to any misdescription, defects or non-compliance
|
The Purchaser hereby accepts the current condition of the property and must not claim for compensation, nor refuse or delay payment of the Price, because of:
| 242
|
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