Nominating a substituted or additional purchaser when purchasing real estate? Beware “Double Duty”
When a purchaser named in a contract wants to nominate an additional purchaser or a full substitute to complete a property purchase in Victoria, most people assume it’s a simple paperwork exercise: sign a Nomination Form, hand over the contract, done. In many cases that’s true. However, under the Duties Act 2000 (Vic), a nomination […]
