Property Practice and Fifth Avenue, Mount Lawley - Law Assignment Help

Assignment Task

Action Required: Review the contract, and draft a letter of advice to the clients (no more than 1,000 words) addressing each of the following issues:

1. any matters of concern arising from the documents disclosed

2. that the vendor has title to the property

3. that the property identified in the contract is the property the purchasers are expecting to purchase

4. the most important conditions of the standard contract

5. special conditions

6. searches and enquiries you would recommend before entering the contract

7. searches and enquiries you would recommend after entering the contract

8. their intended use

9. stamp duty and land tax implications, and

10. the applicability of foreign resident capital gains withholding obligation (noting that your clients have a budget of $1.62 million).

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