Ray White’s investment management service has been rapped over the knuckles for moving to terminate a rent-to-buy contract when tenants Troy & Joanne Scott were just $50 in arrears.
The Queensland Civil and Administrative Tribunal ruled that as the Scotts were $50 in arrears, “that is not a good enough reason to terminate a rent to buy contract” and the notice of tenancy termination was invalid.
Ray White IMS v Scott [2015] QCATA 186 Senior Member Stilgoe OAM 22 December 2015
For more information, go to: Contract Disputes
General information only, not legal advice. Your situation may differ; speak to a lawyer about your own circumstances.