20 February, 2017
Buyer’s Beware: Is the selling agent an agent for all purposes? – Tan v Russell [2016] VSC 93
Legal IssueA recent decision in the Victorian Supreme Court examined whether the Plaintiffs, Tan and Lo, validly exercised their cooling off rights to terminate a contract for sale in circumstances where the notice was served on the vendor’s selling agent.Practical Effect of DecisionThe case illustrates the importance of knowing, prior…