Highlights
This is Australian Property law need comprehensive solutions do you have an expert who can understand with an Australian property law Intent:
Apply course learnings in a case study application to undertake initial contractual due diligence and present your work with a proposed letter of offer and a Briefing Note (an advice to your workplace explaining why you drafted the proposed Letter of Offer the way you did). This assessment item focuses on contract formation and how it sits within the legal framework protecting the rights of vendors and purchasers. This task will provide you with an opportunity to prepare an advice and Letter of Offer on a real-world acquisition and protecting rights of the purchaser in a case study based real estate development transaction.
Objective
Apply your understanding of contract law, elements to contractual formation, risk and performance in a property transactions setting
Task instructions
You are a Development Manager for a Property Development Company and you have been asked to put together a Letter of Offer to purchase 2 Frederick Street Wollongong NSW 2500.
As part of the brief you are required to prepare a briefing note to management and draft Letter of Offer containing detailed terms and conditions justifying the position you have taken in preparation of the clauses as well as highlighting any risks that the management team need be aware of.
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