How a 'cooling off ' is not a 'cooling off'

Discussion in 'Legal Issues' started by TMNT, 3rd May, 2016.

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  1. Marg4000

    Marg4000 Well-Known Member

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    My daughter pulled out of a contract after undisclosed termite damage found in the B&P. Matter formally dealt with by solicitors for both parties.
    Marg
     
    Marg4000, 3rd May, 2016
    #41
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  2. Joynz

    Joynz Well-Known Member

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    Wasn't one of the issues that the purchasers were outside the three day cooling off period?

    I cooled off on a contract a few years ago. Did it through the REA within the three days. Had to fill out a form, pay the cooling off penalty (taken out of my deposit refund). But all went very smoothly.
     
    Joynz, 3rd May, 2016
    #42
  3. larrylarry

    larrylarry Well-Known Member

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    The judge explained the law of agency in his judgment clearly in my opinion.
     
    larrylarry, 3rd May, 2016
    #43
  4. Azazel

    Azazel Well-Known Member

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    I've pulled out of a sale by contacting the agent before. QLD.
     
    Azazel, 3rd May, 2016
    #44
  5. DaveM

    DaveM Well-Known Member

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    SA contracts note the specific ways in which notice of exercising of cooling off rights can be served on the vendor. It is important to give notice in the correct way and not assume an email etc is sufficient as its not a guaranteed method of message communication.
     
    DaveM, 4th May, 2016
    #45
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