Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: Francis H. PATTERSON. Purchaser: Violet Rose BARDEN - October, 1944

Physical description

Copy of contract and covering typewritten summary.

Inscriptions & markings

18725 Patterson - Barden AI Summary:
The document records a contract of sale dated January 1945 between Francis H. Patterson of 105 Collins Street, Melbourne, as vendor, and Violet Rose Barden of 16 Sydney Street, Collingwood, as purchaser. The property comprised Lot 47 on Plan of Subdivision No. 9473, being part of Crown Allotment 18, Parish of Ringwood, County of Mornington, and forming part of the land contained in Certificate of Title Volume 5272 Folio 1054235. The allotment had a frontage of 60 feet to Campbell Street. The purchase price was £60, with a £12 deposit payable upon signing and the balance to be paid by consecutive quarterly instalments of £4, together with interest at 4.75% per annum calculated on the outstanding balance at the commencement of each quarter. The sale was arranged through Charles Ernest Carter of Ringwood as agent for the vendor.
The contract incorporated the 1936 Copyright Conditions of Sale and included special conditions requiring compliance with the National Security (Land Transfer) Regulations and the National Security (Economic Organisation) Regulations, including obtaining Commonwealth Treasurer approval where required. The purchaser was also required to execute an acknowledgement under the Farmers’ Debts Adjustment Act 1935 and, if necessary, obtain a certificate of exemption under that Act. Any valuation fee required in connection with the transaction was to be shared equally between vendor and purchaser.

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