Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: Herbert Edward WATSON. Purchaser: Harold Thomas NICHOLLS - December, 1945

Physical description

Copy of contract, correspondence and covering typewritten summary.

Inscriptions & markings

18748 Watson - Nicholls AI Summary:
The document records a contract of sale dated December 1945 between Herbert Edward Watson of Willana Street, Ringwood, as vendor, and Harold Thomas Nicholls of 53 Arundel Street, Benalla, as purchaser. The property comprised Lot 9 on Plan of Subdivision No. 11645, being part of Crown Portion 26A, Parish of Ringwood, County of Mornington, and part of the land described in Certificate of Title Volume 5164 Folio 1032616. The allotment was described as having a frontage of 67 feet to Mount Dandenong Road, Ringwood East, and correspondence identifies it as the corner of Mount Dandenong Road and Valda Avenue, Ringwood East. The agreed purchase price was £100/19/-, with a £10 deposit payable on signing and the balance due within 14 days of receiving Government consent to the sale. The transaction was arranged through Charles Ernest Carter of Ringwood acting as agent for the vendor.
The contract incorporated the 1936 Copyright Conditions of Sale together with wartime special conditions requiring compliance with the National Security (Land Transfer) Regulations and the National Security (Economic Organisation) Regulations. The purchaser was required to execute an acknowledgement under the Farmers’ Debts Adjustment Act 1935 and obtain a certificate of exemption if required, while both parties were obliged to seek Commonwealth Treasurer approval of the transaction.
Accompanying correspondence includes a letter from Harold Thomas Nicholls dated 27 November 1945, confirming his intention to purchase Lot 9 on the corner of Mount Dandenong Road and Valda Avenue at a rate of 30 shillings per foot and enclosing a £10 deposit, together with a receipt issued by C. E. Carter recording receipt of the deposit and the agreed purchase terms

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