Relief against forfeiture of deposits
Pawlowski, M.
Relief against forfeiture of deposits - 1992 - Estates Gazette (9246) 21 November 1992, 76-78(3) .
Explains the difference between deposits and part-payments of purchase prices. Deposits are normally deemed to be forfeitable on default. Refers to relief in equity and statutory relief illustrated by case law.
DEPOSIT
FORFEITURE
LAW OF PROPERTY ACT 1925 S49(2)
RELIEF FROM FORFEITURE
Relief against forfeiture of deposits - 1992 - Estates Gazette (9246) 21 November 1992, 76-78(3) .
Explains the difference between deposits and part-payments of purchase prices. Deposits are normally deemed to be forfeitable on default. Refers to relief in equity and statutory relief illustrated by case law.
DEPOSIT
FORFEITURE
LAW OF PROPERTY ACT 1925 S49(2)
RELIEF FROM FORFEITURE