Australia's #1 for Law

Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!

WA Property Law - Land Contract with Land Developer

Discussion in 'Property Law Forum' started by naut, 10 November 2015.

Tags:
  1. naut

    naut Member

    Joined:
    10 November 2015
    Messages:
    1
    Likes Received:
    0
    Hi, I entered into a land contract about 18 months ago. At this stage the land was meant to be titled 3 months after. It was delayed for more than a year. During this period I had to get formal finance approval twice because it had expired every 6 months.

    Now the land is titled but the banks will not give me finance approval because of changes to my situation and lending criteria changes.

    My question is, can the land developer hold me to the contract if I am no longer able to get finance under Property Law?
     
  2. Sophea

    Sophea Well-Known Member

    Joined:
    16 April 2014
    Messages:
    2,400
    Likes Received:
    373
    Was the contract conditional upon finance?
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
Loading...

Share This Page

Loading...
gt;