Chair
Kelly Young, Director, Estate Conveyancing
Grey Areas Surrounding Section 27 Early Release of Deposit
- Overview of Section 27 of the Sale of Land Act and its implications for early deposit release
- Clarification of the circumstances under which a vendor can request an early release of the deposit
- Key legal considerations and potential risks associated with early deposit releases
- Examination of case law highlighting disputes or ambiguities in applying Section 27
- Rights and obligations of both vendors and purchasers in the context of early deposit releases
- Practical tips for ensuring compliance with Section 27 and avoiding common pitfalls
- Discussion of the role of contractual terms in influencing the outcome of deposit release requests
- Insights into potential legislative changes or interpretations that could impact Section 27
Presented by David McKenzie, Special Counsel, Corporate & Commercial & Property, FCW Lawyers; Accredited Specialist in Property Law; Chair, Owners Corporation Working Group; Deputy Chair, The Building and Construction Working Group
Description
Attend and earn 1 CPD hour in Substantive Law
This program is based on VIC legislation
Presenters
Kelly Young, Director, Estate Conveyancing
Kelly Young is a fully unrestricted Conveyancing Licence holder and director of Estate Conveyancing, located in Macleod. Kelly and her staff at Estate Conveyancing prides themselves and providing education to clients and referrers alike. Kelly has been working in the legal industry for 20 years with experience in the property fields of settlements & conveyancing in Victoria and Western Australia and residential and commercial lending. Starting out as a junior paralegal in stamping, registration, and settlements, moving onto residential mortgages, Conveyancing and also Commercial Lending, Kelly has a background working in accountant firms, law firms and conveyancing offices in Melbourne city, rural areas of Victoria and is also qualified within Settlements in the state of WA.
David McKenzie, Special Counsel, Corporate & Commercial & Property, FCW Lawyers
David McKenzie has eighteen plus years of PQE and has spent the vast majority of that time practising in the area of property law. Specifically David has completed transactions in the following areas: Subdivisions (both tower and green field); Planning issues related to subdivision; Section 173 agreements and the issues related to those agreements; MCPs both drafting and registering; Covenant drafting and removal; Law of easements; Owners Corporations; Leasing (Retail and Commercial); Adverse possession claims and Easements by prescription.
