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

[Dave1985]

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,

 

[Rob Legat - SBPL]

Have you talked to your solicitor/conveyancer to see whether this was adjusted for at settlement?

 

[Dave1985]

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?

 

[Rob Legat - SBPL]

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).

 

[Dave1985]

Thanks Rob. If the builder says no interest, Can I ask for the statement?

 

[Rob Legat - SBPL]

You can ask. Whether they're obliged to provide is a matter for the contract.

 

[Dave1985]

My solicitor sent 5 emails about this and there is no reply from builder's solicitor.