Default Notice

[Bookers]

We had a property settlement default notice served on us on 11th October, I would like to know what is the final date the settlement can be completed by to not have the rescission notice served. ie what is "within 14 days " is it 24th October or 25th October

Thanks in advance

 

[Nighthelyn]

Dear Bookers,

The rules are slightly different between states, but unless specifically defined in the notice, within 14 days counting from 11 October 2022, it would normally be taken to mean 14 calendar days so 3:30pm on 25 October 2022 (Tuesday), unless parties agreed to extend In writing. It is odd that an exact date not be specified in the notice but not unusual.

Good luck!

-Nighthelyn

 

[Bookers]

Dear Bookers,

The rules are slightly different between states, but unless specifically defined in the notice, within 14 days counting from 11 October 2022, it would normally be taken to mean 14 calendar days so 3:30pm on 25 October 2022 (Tuesday), unless parties agreed to extend In writing. It is odd that an exact date not be specified in the notice but not unusual.

Good luck!

-Nighthelyn

Hi Nighthelyn. Thanks for this info. Very helpful. Fortunately we managed to settle now.
Have a great day