Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: Herbert Edward WATSON. Purchaser: Horton Wilcox EDGE - October, 1946

Physical description

Copy of contract, correspondence and covering typewritten summary.

Inscriptions & markings

18712 Watson - Edge AI Summary:
The documentation records the October 1946 sale of Lots 40, 41 and 42 on Plan of Subdivision 11645, part of Crown Portion 26A, Parish of Ringwood, held under Certificate of Title Volume 5164 Folio 1032616. The land formed part of the Crown Jewel Estate and had a frontage of 183 feet to Velma Grove, East Ringwood. The vendor, Herbert Edward Watson of Wilana Street, Ringwood, sold the three lots to Horton Wilcox Edge of “Lynton”, Allansford for £205/17/6, with a £25 deposit and the balance payable within 30 days of receiving Commonwealth Government consent. The sale was conducted through C.E. Carter, Estate Agent, Ringwood, using the standard 1946 Real Estate & Stock Institute of Victoria contract conditions, including wartime requirements for Treasurer’s consent, purchaser declarations under National Security Regulations, and shared valuer’s fees.
The accompanying correspondence outlines the administrative steps of the transaction. A preliminary deposit receipt dated 27 September 1946 confirms Edge’s intention to purchase the Velma Grove lots. Carter forwarded the formal contract and Form 7 for signature on 3 October 1946, and the purchaser’s solicitors, Mackay & Taylor of Warrnambool, returned the signed documents and Treasurer consent application on 5 October 1946. Carter later advised, on 19 October 1946, that the Treasurer’s delegate had granted consent and enclosed the purchaser’s copy of the contract. A final letter dated 25 October 1946 directed the solicitors to send requisitions directly to Mr Watson at Wilana Street, Ringwood.

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