Expired sunset clause - Vendor not responding

Discussion in 'Legal Issues' started by Mike77, 13th May, 2022.

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  1. Mike77

    Mike77 New Member

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    I bought an off the plan apartment in 2018 with a sunset clause in February 2022. Construction hasn’t started yet. I know that the vendor has the option of extending the sunset clause, but the issue I have is that the vendor (through his solicitor), is not responding to my solicitor request to rescind the contract. Has the vendor’a solicitor have any obligation in responding to my solicitor?
     
    Mike77, 13th May, 2022
    #1
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Probably professional courtesy under the legal professional rules
     
    Terry_w, 13th May, 2022
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  3. Investor1111

    Investor1111 Well-Known Member

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    4yr sunset clause, that seems pretty unusual?

    Where abouts?
     
    Investor1111, 13th May, 2022
    #3
  4. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Paul@PAS, 16th May, 2022
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