Legal record - Real Estate & Stock Institute of Victoria Contract of Sale of Property (C.E.Carter of Ringwood - Agent), Vendor: Francis H. PATTERSON. Purchaser: Robert James VINE - February, 1946

Physical description

Copy of contract and covering typewritten summary.

Inscriptions & markings

18750 Patterson - Vine AI Summary:
The document records a contract of sale dated 14 February 1946 between Francis H. Patterson of 105 Collins Street, Melbourne, as vendor, and Robert James Vine of 17 Morey Street, Beaumaris, as purchaser. The property comprised Lot 83 on Plan of Subdivision No. 9473, forming part of the Electric Railway Estate, and being part of Crown Allotment 18, Parish of Ringwood, County of Mornington, described in Certificate of Title Volume 6739 Folio 1347671. The agreed purchase price was £35, with a £5 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 special wartime provisions requiring compliance with the National Security (Land Transfer) Regulations, the National Security (Economic Organisation) Regulations, and the Farmers’ Debts Adjustment Act 1935. The purchaser was required to execute the necessary acknowledgements and obtain any exemption certificates if required, while both parties were obligated to apply for Commonwealth Treasurer approval of the transaction. The special conditions provided that any valuation fee associated with obtaining approval would be shared equally between the vendor and purchaser, and that the contract would be cancelled with the deposit refunded if the required government consent was refused.

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