Legal record - Real Estate & Stock Institute of Victoria Contract of Sale (C.E.Carter of Ringwood - Agent), Unsigned draft auction contract. Vendor: William Henry WHITER - (undated - circa 1930s)

Physical description

Copy of contract and covering typewritten summary.

Inscriptions & markings

18715 Whiter - draft AI Summary:
The document is an unsigned draft contract of sale from the 1930s for land owned by William Henry Whiter of Whitehorse Road, Ringwood. The property comprises part of Crown Allotment 4 and part of a former government road, held under Certificate of Title Volume 4120 Folio 823821, with a 99 foot frontage to Whitehorse Road and a depth of approximately 670 feet, together with all buildings erected thereon. The draft contract was prepared by C.E. Carter, Auctioneer, Ringwood, and follows the 1931 Real Estate & Stock Institute of Victoria contract format.
The proposed terms required a £150 deposit, with the balance to be paid by weekly instalments of 30 shillings over five years, after which the remaining balance would fall due. Interest was set at 5% per annum, calculated quarterly. Special conditions allowed the purchaser to increase instalment amounts or pay out the balance early, and granted possession upon payment of the deposit and written acceptance of title. As an unexecuted draft, no purchaser name, price, or date was completed, and the contract remained unsigned.

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