News

Property Dispute Alert!

A recent property matter highlights the importance of seeking legal advice before exiting a contract… 

A recent matter highlights a critical lesson for buyers and sellers in Victoria’s Property Market. Read about why you should always seek proper legal advice before attempting to exit a contract.

We acted for a vendor where the buyer attempted to exit the contract under the loan approval clause. However, they relied on a broker’s letter, which is not always sufficient to lawfully terminate a contract…

KEY TAKEAWAYS

  • A broker’s letter may not meet legal requirements to cancel a contract.
  • Wrongfully ending a contract could amount to repudiation, exposing buyers to serious financial loss.
  • The vendor may have the right to terminate the Contract and claim the remaining deposit that due to be paid & compensation.

Through swift legal action, we successfully navigated the dispute and ensured the buyer proceeded with settlement in a short period of time. In a market where interest rates are high, securing this outcome was a HUGE WIN for our client!

Key lesson: Before attempting to exit a contract, ALWAYS seek proper legal advice – it could save you from serious financial consequences.

Need help with a Property Dispute?

Contact us today at 1800 99 31 32

If you need assistance, contact one of our lawyers for expert legal advice

Share this page:

Related news

Family Law Day

MLM Solicitors keeping up to date with the family law at Family Law Day.

Melbourne Lawyers and Mediators Annual Iftar

This week at Melbourne Lawyers and Mediators we had the pleasure of hosting a lovely Iftar for the amazing staff and guests. It was a lovely evening with great company and delicious food to break fast.

A Huge Win! Another successful Family Law Matter…

Imagine your ex-partner gaining access to your psychologist’s or counsellor’s confidential notes. This was the critical issue at stake in a recent case.

Muslim Legal Network Event sponsors MLM!

This year we are grateful to be Silver Sponsors for the Muslim Legal Networks Grand Annual Iftar 2025!

Muslim Legal Network Opening Legal Year Ceremony

It was our pleasure to participate in the MLN’s inaugural Opening of the Legal Year Ceremony. Thank you for a beautiful evening.

Happy Lunar New Year 2025

Happy Lunar New Year. Wishing all in the community good fortune, happiness and success in the Year of the Snake.

Call for legal service