Skip to main content

Underquoting strata amounts

I recently tried to purchase a unit in which I paid a 0.25% deposit for, the agent in writing prior to the deposit being paid advised me that the strata amount per quarter was approx $990.

After I entered into the cooling off period and run a strata report, the report states that the strata is actually $1300 a quarter which is significantly higher. After seeing this, I've gone back to the agent and advised that I'd like my deposit to be returned on the basis that information they've provided is misleading and that they have under quoted me. I didn't want to proceed with the sale due to the dishonesty. Even though they have put "approx" maybe to cover themselves, by definition, the actual Fee is not an amount that's close to what they have quoted via email to me and even on the listing currently on Realestate.com.au

They have refused to give me the funds back. Does anyone have any experience in this or know whether I'd have any luck with NSW fair trading trying to get my deposit back?

submitted by /u/Vast-Housing-6055
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1hhq93s/underquoting_strata_amounts/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Looking for Prospective Opportunities to Utilize Floor Plan Redraw Skills

"Hey HomeOwners & Investors , I have a team of 10 professionals who are trained in redrawing/redesign floor plans in both 2D and 3D interior& exterior using floorplanner.com/3ds Max and TruView point cloud. We're looking for prospective opportunities to utilize our skills. Are there any companies or individuals in need of accurate floor plans and measurement reports ? Any suggestions for where to start looking? Thanks in advance for your help!" submitted by /u/mangojuicelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/119uoh0/looking_for_prospective_opportunities_to_utilize/
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more