$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

BUSS 3106 Commercial Property Valuation

tag 0 Download6 Pages / 1,409 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Questions:

1.

You are a licensed conveyancer acting in the sale of a residential property for a client, Mr. Pickie. Mr. Pickie is angry at the cost of disbursements associated with preparation of the contract for sale. He insists that at least you could use the s149 Certificate that he obtained when purchasing the property three years ago. His is also not happy with all the questions you have been asking in relation to any possible adverse affectations on the property.

In keeping with your commitment to provide the best possible service to your clients, you decide to provide Mr. Pickie with written advice in simple language (supported by reference to statutory authority) about the following:

1. Why he must prepare a contract before the property goes on the market;
2. What is meant by his duty of disclosure and why it must be complied with;
3. Why you must ascertain whether the property has any adverse affectations;
4. Why it is unwise to rely upon a three-year-old s149 certificate.

2.

Skye and Clover both contribute to the purchase of Torrens Title land on the far North Coast called Nirvana.
Skye paid 30% of the purchase price and Clover paid 70%, however only Skye name appears on the title to the property.
Skye promises in writing to transfer the land into both their names but before she can carry out her promise, Skye dies.
Skye will leaves all her real and personal property to her spiritual advisor.
Clover claims to be entitled to Nirvana. Explain what rights, if any, Clover has in Nirvana. Discuss the issues and legal principles involved in reaching your conclusion

3.

Elton was a flamboyant entertainer whose will left all of his real and personal property to his much younger partner Davith. Elton suspected that Davith had been unfaithful to him for their entire relationship so he decided to dispose of some assets whilst still leaving Davith comfortable. Elton wrote a cheque for a sizeable donation to the Foundation for Fallen Entertainers and gave his Rolls Royce to his personal trainer. Elton also decided to make a gift of his mansion to Simone, his faithful costume-maker. Elton executed a Transfer, transferring the mansion to Simone. The transfer was duly signed and attested, and Elton handed it to Simone along with the Certificate of Title to the mansion. The next day, Elton found that Davith had not been unfaithful, and now wants Davith to get the mansion.

Explain, using authority, whether Elton can leave the mansion to Davith.

4.

Arthur enters into a contract with Christina to purchase her printing business. The business is called Regal Printing. Arthur is most impressed by the business as it appeals to his flamboyant personality. The premises are appointed in keeping with the business name with the reception area fitted out with purple carpet, sumptuous sofas and a custom built gold painted water-bubbler in the shape of a crown. The large managers desk (which Arthur would occupy) resembled a horse drawn carriage and the chair resembled a throne. The sale comprises the business, its goodwill, a list of equipment, stock in trade and the premises itself. The list of equipment includes photocopiers, desks, chairs, shelves, computer equipment and cash register and other incidental items.

After settlement, Arthur takes possession of all that he has purchased. Arthur was horrified to see that the water bubbler, carriage-desk and throne had been removed. He checked the contract and realised these items were not specifically listed in the sale. Arthur then thoroughly checked the premises and found that most of the equipment was in place except for a large reverse cycle air conditioner. He could see where it had been positioned and there was damage to the wall where it had been removed. The outdoor compressor unit had also been removed from the concrete slab upon which it had been mounted. Christina advises Arthur that she never intended these items to form part of the sale.

Explain who is entitled to the items in dispute. Discuss the issues and legal principles involved in reaching your conclusion.
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 6 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). BUSS 3106 Commercial Property Valuation. Retrieved from https://myassignmenthelp.com/free-samples/buss3106-commercial-property-valuation/sale-of-a-residential-property.html.

My Assignment Help (2021) BUSS 3106 Commercial Property Valuation [Online]. Available from: https://myassignmenthelp.com/free-samples/buss3106-commercial-property-valuation/sale-of-a-residential-property.html
[Accessed 26 September 2021].

My Assignment Help. 'BUSS 3106 Commercial Property Valuation' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/buss3106-commercial-property-valuation/sale-of-a-residential-property.html> accessed 26 September 2021.

My Assignment Help. BUSS 3106 Commercial Property Valuation [Internet]. My Assignment Help. 2021 [cited 26 September 2021]. Available from: https://myassignmenthelp.com/free-samples/buss3106-commercial-property-valuation/sale-of-a-residential-property.html.


Dissertations often become fearful to complete if the deadlines are tight and your entire writing part is left. There are many things to follow like presenting the facts and information. Writing abstracts, methods and discussions and creating the entire bibliography need tiresome hours. Even after that your paper may get rejected owing to plagiarism, not following the conventions of writing and others. Since you cant take chances, the best option is to hire our tested experts at Myassignmenthelp.com. They have over 10+ years of experience in providing excellent approval worthy dissertation.

Latest Management Samples

EMSK5012 Employability Skills

Download : 0 | Pages : 2

Answer Journal Entry 1: Know yourself Two networking events attended by me: Community Service Group Roundtable Event I realized that my networking skills were reasonably strong because I was able to put forth my point and influence my peers about the validity of my points.  The networking skills that I need to further develop include: Cultivating power contacts Cut off useless networks Using positive language Journal Entry...

Read More arrow

IDS104 Introduction To Disability Studies

Download : 0 | Pages : 5

Answer Introduction People have their various way of responding to the disabilities. In many of the cases, we respond much negatively towards such issues whereas sometimes we consider it as the strength to lead a productive life (Corr McEvoy & Keenan, 2014). It is to be indicated that the impact of disability on the individuals depend on several factors. In this study, we will discuss these determined factors that have the clear influence...

Read More arrow Tags: Australia Adelaide Management University of Adelaide Masters in Business Administration 

PROJ6002 Project Planning And Budgeting

Download : 0 | Pages : 2

Answer Changes to project scope affecting the project's schedule: The project scope and project element as finished creates the end deliverable of that project. The scope is identified gradually up front for providing the project, the best opportunities of success (Heldman, 2013). However, the scope could potentially alter while the project life0cycle has been going on. This is also known as the scope creep. It should be noted that the genera...

Read More arrow

BSBMKG501 Identify And Evaluate Marketing Opportunities

Download : 0 | Pages : 16

Answers 1. BHP Billiton is known as one of the renowned and leading mining organization of Australia as well as in all over the world. The organization has been established in 1885. Headquarter is situated in Melbourne. As per the report, by earning a huge market share in the mining industry, BHP Billiton has secured the first place in the global mining industry. It earns huge revenue per year by providing quality service to the consumers ...

Read More arrow

PEV302 Total Quality Management For The Events Sector

Download : 0 | Pages : 10

Answers: Introduction Total quality management includes the organization-wide efforts to settle and create a climate in that a company continuously enhances its ability to provide the products and services with high quality to the customers. The total quality management is a methodical way, which is used for the analysis of the quality of the business operations. In the process of total quality management, employees and managers come together...

Read More arrow Tags: Australia Marlborough Management PEV302 Total Quality Management for the Events Sector Victoria University MBA 
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?