VIC Can I get the interest from my off-plan deposit.

Discussion in 'Commercial Law Forum' started by Dave1985, 31 July 2018.

  1. Dave1985

    Dave1985 Member

    Joined:
    31 July 2018
    Messages:
    4
    Likes Received:
    0
    Hi guys,

    I bought a off plan apartment and in the contact, the deposit interest belongs to me. Now after settlement, the builder didn't reply anything about the interest. Can I still get it back?

    Cheers,
     
  2. Rob Legat - SBPL

    LawTap Verified Lawyer

    Joined:
    16 February 2017
    Messages:
    1,180
    Likes Received:
    230
    Have you talked to your solicitor/conveyancer to see whether this was adjusted for at settlement?
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  3. Dave1985

    Dave1985 Member

    Joined:
    31 July 2018
    Messages:
    4
    Likes Received:
    0
    Thanks for you replay, My solicitor tried to contact builder's solicitor, and they keep silent and no reply after couple emails. very wired. What should I do now?
     
  4. Rob Legat - SBPL

    LawTap Verified Lawyer

    Joined:
    16 February 2017
    Messages:
    1,180
    Likes Received:
    230
    Depending on the amount involved, I'd be:

    a) Asking my solicitor why this was not dealt with at settlement; and/or
    b) Sending a letter of demand to builder's solicitors (and depending on (a) possibly suggesting to your solicitor that they should do this on your behalf at no charge).
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  5. Dave1985

    Dave1985 Member

    Joined:
    31 July 2018
    Messages:
    4
    Likes Received:
    0
    Thanks Rob. If the builder says no interest, Can I ask for the statement?
     
  6. Rob Legat - SBPL

    LawTap Verified Lawyer

    Joined:
    16 February 2017
    Messages:
    1,180
    Likes Received:
    230
    You can ask. Whether they're obliged to provide is a matter for the contract.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  7. Dave1985

    Dave1985 Member

    Joined:
    31 July 2018
    Messages:
    4
    Likes Received:
    0
    My solicitor sent 5 emails about this and there is no reply from builder's solicitor.
     
Loading...

Share This Page

Loading...
gt;