Professional Documents
Culture Documents
Est.1991
Law Matters
Welcome
In this months bulletin, we get back to some basics: services information in a Vendors Statement;
sale of a small business vendors key risk checklist.
If there are topics you would like us to look into, please let us know.
Each bulletin touches on a broad range of topics in an easy to read, practical way. We aim to
give you a brief, but better understanding of current issues as they arise, and food for thought!
We are happy to visit you before the end of 2013 and provide staff or client briefings about a
range of topics or matters of interest to you. Please feel free to contact us in that regard.
We hope to see you (again) soon in person.
Adam Held
Principal
Are those
connected?
services
connected
or
not
confusion should not be. In our September 2013
Newsletter, we advised that the Law Institute of
Victoria / REIV standard form Vendors
Section 32 Statement was updated in August
2013. Item 5 deals with services. In this latest
edition, the word available has been deleted
so that you must select either connected or not
connected.
referring to sewerage as connected when a septic
tank is in use. Many clients think that
because they have a full functioning toilet they
have sewerage connected even though they in
fact know about the septic tank. There are many
septic tanks in rural areas and even some in
suburban areas.
Local councils are responsible for issuing permits for the
installation and/or upgrade of a septic tank. The health
department at the local council will usually be able to
advise over the phone whether or not there is a septic
tank on the vendors land.
Services are connected where they are provided by an
authority and operating, e.g. the electricity is connected
and it is working on the day of sale. It does not matter
that the vendor will terminate their account with the
Malvern Office
Carlton Office
Postal Address
Contact Details
Level 1, 180-182
Glenferrie Rd
MalvernVIC3144
(corner Winter St)
Melway59C8
113 Cardigan St
CarltonVIC3053
Melway2BF10
T: 03 9509 0710
M: 0407 548 632
F: 03 9500 0805
E: info@heldlawyers.com
Referrals
Should you require non-legal assistance with various
matters, we are happy to provide you with contact details for
a range of service providers, including financial institutions,
accountants, real estate agents, brokers, etc.
Areas of practice
Property Law including conveyancing and leasing
Commercial and Business Law
Banking and Finance Law including mortgages and
guarantees
Wills and Estates Law
Intellectual and Industrial Property Law
Litigation
If you would like further details or assistance or to discuss
information contained in this publication or generally, please
do not hesitate to contact us. For copies of this and other
publications, visit our website at www.heldlawyers.com.
Disclaimer
This publication is intended to provide commentary and general information only. It should not be relied upon as legal advice. It is not intended to be a complete
or definitive statement of the law on the subject matter covered. Further professional advice should be sought before any action is taken in relation to the matters
described in this publication. Persons listed may not be admitted in all jurisdictions.
Liability limited by a scheme approved under Professional Standards Legislation