Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: Sydney Francis HUNT. Purchaser: William Edward COWELL - August, 1935

Physical description

Copy of contract and covering typewritten summary. Property - Part of Crown Allotment 30 Section E, Parish of Ringwood, Certificate of Title Volume 3344Folio 668781.

Inscriptions & markings

18665 Hunt – Cowell AI Summary (30/9/2026)
This 1935 contract records the sale of Crown Allotment 30, Section E, Parish of Ringwood, containing 3 roods 29 perches, together with all improvements, from Sydney Francis Hunt (vendor) to William Edward Cowell (purchaser) for £250. A £5 deposit was paid, with the balance to be repaid by weekly instalments of 12 shillings, including interest, over five years, with the remaining balance then payable in full. Interest was set at 5½% per annum, calculated by quarterly rests, with each quarter’s interest deducted from instalments paid and the remainder credited toward the purchase price.
The contract followed the standard Transfer of Land Act Table “A” Conditions, and included special terms reflecting the vendor’s existing mortgage. The land was subject to Mortgage No. 107368, which the vendor was not required to discharge until the purchaser had paid the full purchase price. The purchaser attorned tenant from the date of contract, paying the same 12 shilling weekly amount as rent, which was applied toward the purchase money. Default of seven days allowed the vendor to terminate the tenancy and eject the purchaser. The contract was signed only by Mr Cowell.

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