When signing a lease, tenants often focus on the rental amount, duration, and other commercial terms of the agreement. However, it’s essential to pay equal
A Form 7 Notice to Remedy Breach is more commonly known as a “Breach Notice” or “PLA Form 7” and is issued to a tenant
If there is a material defect, the buyer can claim compensation or terminate the contract any time prior to settlement
If there is a material defect, the buyer can claim compensation or terminate the contract any time prior to settlement.
Allows for adjustment at settlement in accordance with the contract and termination if not paid on or before settlement.
Allows for adjustment at settlement in accordance with the contract.
Allows for adjustment at settlement in accordance with the contract.
If there is a tree application or order for the property and it has not been disclosed by the seller prior to signing the contract, the buyer can exercise their rights to terminate at any time prior to settlement.
The seller is obligated to provide a current Pool Safety Certificate to the buyer prior to settlement. If the seller does not and will not be obtaining a current Pool Safety Certificate, a Notice of No Pool Safety Certificate must be given prior to contract signing. Failure to do so is a breach of an essential term and allows the buyer has the right to claim compensation and terminate the contract.
If encumbrances appear on the searches that are not disclosed in the contract, the buyer can exercise their rights to claim compensation and/or terminate the contract if they can prove said encumbrances materially affect their use of the land.
No rights to terminate or claim compensation.
