You Knew About the Problem Before You Bought. Can You Still Get Your Deposit Back?

This article was written by Nancy Wang Principal Solicitor at W & G Lawyers. 

Most people assume that if you go ahead with a deal knowing something is wrong, you’ve made your bed — you can’t complain about it later. A recent Queensland Supreme Court decision shows that’s not always how the law works. A buyer who knew about a serious problem with a property before it signed the contract still walked away and got its $275,000 deposit back. Here’s how, and what it means for anyone buying property.

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