Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: William TORTICE. Purchaser: Fred CADBY - March, 1933

Physical description

Copy of contract and covering typewritten summary.

Inscriptions & markings

18707 Tortice - Cadby AI Summary:
The document records a Contract of Sale dated 22 March 1933 between William Tortice of South Warrandyte (Vendor) and Fred Cadby of Chandlers Road, Noble Park (Purchaser). The property comprises part of Crown Allotment 13, Section 3, Township and Parish of Warrandyte, County of Evelyn, and is described in Certificate of Title Volume 2574 Folio 514790. Improvements include a weatherboard dwelling house and all outbuildings erected thereon. The land is sold subject to all existing easements and tenancies, and C.E. Carter of Ringwood acts as agent for the vendor.
The purchase price is £175, with a £5 deposit and the balance payable within 30 days. The residue is then to be paid by weekly instalments of 15 shillings over two years, with the remaining balance due at the end of that period. Interest is charged at 6% per annum, calculated from the date possession is given and payable quarterly.
Special conditions note that the vendor sells as executor of the will of Elizabeth Stewart, deceased. The purchaser must accept the identity of the land as described in the Certificate of Title, with no objection or claim permitted for discrepancies between title measurements and the land as occupied. The purchaser also attorns tenant to the vendor, paying quarterly rent equal to the quarterly instalments of principal and interest. If the purchaser defaults, the vendor may terminate the tenancy with seven days’ notice. The vendor’s solicitors are W.H. Flood & Permezel of 430 Bourke Street, Melbourne. The contract incorporates the 1931 Copyright Conditions of Sale. Both purchaser and vendor signatures are missing from the surviving copy.

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