Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: Agnes PORTER. Purchaser: William Boyes BLAIN - August, 1944

Physical description

Copy of contract and covering typewritten summary.

Inscriptions & markings

18722 Porter - Blain AI Summary:
The document is a contract of sale dated August 1944 between Agnes Porter of Marlborough Street, Ringwood as vendor and William Boyes Blain of Oban Road, Ringwood as purchaser. The property comprised Lot 18 on Plan of Subdivision No. 7112, being part of a Crown Portion in the Parish of Ringwood, County of Mornington, described in Certificate of Title Volume 4320 Folio 863806. The agreed purchase price was £309, with a £25 deposit payable upon signing and the balance due within 14 days of receiving Government consent to the sale. The transaction was arranged through Charles Ernest Carter of Main Street, Ringwood, acting as agent for the vendor.
The contract incorporates the 1936 Copyright Conditions of Sale together with special wartime conditions. These required compliance with the National Security (Land Transfer) Regulations and the National Security (Economic Organisation) Regulations, including obtaining the consent of the Commonwealth Treasurer before completion of the sale. If consent was refused, the contract would be cancelled and any monies paid refunded to the purchaser. The purchaser was also required to acknowledge the provisions of the Farmers’ Debts Adjustment Act 1935, while any valuation fee requested by the authorities was to be shared equally between vendor and purchaser. The document therefore records the sale of a Ringwood allotment during the Second World War, reflecting the additional government controls then applying to land transactions

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