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After signing, an SA purchaser finds that the vendor's Form 1 left out a registered easement over the land. What remedy may the purchaser have?

Correct Answer

D) The purchaser may apply to court to avoid the contract or claim damages if prejudiced

Under s 15 of the Land and Business (Sale and Conveyancing) Act 1994 (SA), where Form 1 is not given or is defective, the purchaser may apply to court. If satisfied the purchaser was prejudiced, the court may avoid the contract, award damages against the vendor or against an agent whose failure caused the prejudice, or make other orders.

Answer Options
A
The vendor may serve a corrected Form 1 before settlement, which ends the purchaser's remedies
B
The error can be dealt with only after settlement, through an adjustment of rates
C
The purchaser must accept a corrected Form 1 and complete, with no other remedy
D
The purchaser may apply to court to avoid the contract or claim damages if prejudiced

Why This Is the Correct Answer

Section 15 of the Land and Business (Sale and Conveyancing) Act 1994 (SA) lets a purchaser with a defective Form 1 apply to court, which may avoid the contract or award damages if the purchaser was prejudiced.

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Key Terms:

Form 1 deficiencycontract avoidancevendor disclosure duty
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