Legal Hypothetical: No stick for Slick Hypothetical - A Legal Look by News Of The Area - Modern Media - February 17, 2022 No stick for Slick PAUL and Amy purchased a vacant block of land and are ready to build their new home. They settle on Slick Homes as their builder. During the negotiations with Slick Homes, Amy was adamant that the house had to be ready for Christmas the following year. This timeframe gave Slick
Legal Hypothetical: Mid-transaction Tragedy Hypothetical - A Legal Look by News Of The Area - Modern Media - February 9, 2022 Mid-transaction Tragedy ROBERT sells his home for $1 million. A deposit of $100,000 is paid on the exchange of contracts and settlement is scheduled to occur 42 days later. Unfortunately, Robert unexpectedly passes-away three weeks after contracts are exchanged. The contract contains the standard conditions, which do not allow the purchaser to ‘rescind’ or
Legal Hypothetical: Claim to enforce squatter’s rights Hypothetical - A Legal Look by News Of The Area - Modern Media - February 4, 2022 Claim to enforce squatter’s rights TIM is part of a wealthy family and has inherited a number of properties from various family members over the years. Tim had regularly moved up and down the coast as a younger man and later in life, settled in a small seaside township. Tim had forgotten about
Legal Hypothetical: Parents claim repayment of loan after tragic loss Hypothetical - A Legal Look by News Of The Area - Modern Media - January 28, 2022 Parents claim repayment of loan after tragic loss DAVID and Jenny wish to purchase their first home. They talk to their bank about obtaining finance and are informed that they will need to source additional funds to proceed. Jenny talks to her parents, who agree to advance her $200,000 to assist with the
Legal Hypothetical: Caveats and solemn form grants Hypothetical - A Legal Look by News Of The Area - Modern Media - January 19, 2022 Caveats and solemn form grants WENDY, aged 88, makes a will leaving her whole estate to her niece, Alice. At the age of 95, Wendy, with the assistance of her other niece Jane, puts her house on the market, with a view to moving into a nursing home. Wendy retains a new solicitor
Legal Hypothetical: I saw Susie Suing Santa Clause Hypothetical - A Legal Look by News Of The Area - Modern Media - December 24, 2021 I saw Susie Suing Santa Clause IT was Christmas Eve and all through the house, not a creature was stirring, not even a mouse. Nothing would stir for the rest of Christmas Eve, nor Christmas Day. A fact that little Susie could scarcely believe, she didn’t know what to say. Had she been bad
Legal Hypothetical: Are you on Santa’s good list? Hypothetical - A Legal Look by News Of The Area - Modern Media - December 16, 2021 Are you on Santa’s good list? JOHNNY, child of Nancy and Donald Carpenter, was a much loved and very spoilt only child. During the year Johnny turned 19, his parents had been encouraged by his strong academic results and told him that if he kept it up, he would definitely be on
Legal Hypothetical: Litigation to resolve ambiguity in will Hypothetical - A Legal Look by News Of The Area - Modern Media - December 8, 2021 Litigation to resolve ambiguity in will BRIAN was a wealthy man who owned real estate, shares, cash and an extensive classic car collection. At the time of his death, Brian was married to Julie and had three children to his first wife who had died in a car accident 25 years ago. Brian’s
Legal Hypothetical: Conveyancing dispute and claim for default interest Hypothetical - A Legal Look by News Of The Area - Modern Media - December 1, 2021 Conveyancing dispute and claim for default interest ROBERT’S mother passes away and he is appointed as the executor. Robert asks a conveyancer to draw-up a contract for the sale of his late mother’s home. The contract includes a clause to the effect that settlement is to occur either 30 days after the exchange
Legal Hypothetical: Blended families and the risks involved with ‘mutual wills’ Hypothetical - A Legal Look by News Of The Area - Modern Media - November 25, 2021 Blended families and the risks involved with ‘mutual wills’ JOHN and Sandra are married. They each have two children from a previous relationship. They attend an appointment with a solicitor regarding their estate planning with a view to making arrangements that provide for each other whilst ensuring that ultimately, all of their children