Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: Pricilla Jane WRIGHT. Purchaser: Theo Morrison FARRALL and Charles Norman SMITH - January, 1944

Physical description

Copy of contract and covering typewritten summary.

Inscriptions & markings

18720 Wright – Farrell & Smith AI Summary:
The document records the 29 January 1944 sale of Lot 1 on Plan of Subdivision 16259, part of Crown Allotment 23, Parish of Warrandyte, held under Certificate of Title Volume 4587 Folio 917244. The land measured 105 ft 2 in by 297 ft and was sold by Pricilla Jane Wright of Warrandyte Road, Ringwood to Theo Morrison Farrall and Charles Norman Smith of 7 Keys Avenue, Brighton for £100. A £20 deposit was paid, with the balance to be completed by 12 consecutive monthly instalments of £6/13/4, together with 5% interest calculated on the amount owing at the beginning of each quarter. The purchasers also held the option to pay off all or part of the balance early. The sale was conducted through C.E. Carter, Estate Agent, Ringwood, using the standard 1936 Real Estate & Stock Institute of Victoria contract form.
Special conditions required compliance with wartime National Security (Land Transfer) and Economic Organisation Regulations, including Treasurer’s consent and purchaser declarations. If a valuation was required by the Commonwealth Treasury, it was to be obtained by the purchasers, with the valuer’s fee shared equally between both parties. Possession was to be granted upon written acceptance of title and payment of the deposit. The contract is fully executed, including signatures of both purchasers, the agent, and a witness.

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