Skip to main content

This checklist provides guidance on the advice practitioners need to give vendors when purchasers are in breach of the contract, to enable the vendors to make an informed decision.

Many of these issues are also relevant to advising purchasers who have breached the contract.

Ic checklists 2x

Advising vendors when purchasers default checklist.pdf

(PDF, 221.16 KB)

Covering:

  1. Contract of sale
  2. Breach
  3. Penalty interest
  4. Conduct of vendor
  5. Without prejudice discussions
  6. Default notice v rescission notice
  7. The notice
  8. Costs
  9. Insolvent purchaser
  10. Advising a barrister
Download Advising vendors when purchasers default checklist.pdf

Latest News & Alerts

News

We are united in our shock and sorrow following the horrific attacks that took place at Bondi Beach yesterday evening.

Our thoughts are with the victims, their families and all those who have been tragically affected by this abhorrent violence. This has particularly impacted the Jewish community of Sydney and across Australia, a community that is an integral and cherished part of our multicultural society.

We stand in solidarity with the Jewish community and all who have been affected by this senseless violence. Everyone has the right to safety, security and freedom from fear.

We condemn these acts of antisemitism, extremism and violence in the strongest possible terms. We reaffirm our commitment to the rule of law, which underpins the safety and security of all in Australia.

We are united in our resolve that such acts of violence and hate will not undermine the values of inclusion and fundamental freedoms, including of religion and other rights, which define our community.

News

As the year draws to a close, we would like to thank our insured practitioners and stakeholders for their continued trust and engagement. We appreciate the important work you do and the role we play in supporting you throughout the year.

News

The LPLC is proud to present the Annual Report for 2024-2025. This high was tabled in the Victorian Parliament on 12th of November 2025.

TOP