Seller Managed Vacant Possession Before Settlement
The client’s situation
A vendor contracted to sell with vacant possession but the existing tenant’s departure did not occur as expected. Settlement was approaching and the buyer intended to occupy immediately.
How Aquarius Lawyers helped
We reviewed the sale contract alongside the tenancy position, coordinated with the property manager and advised the seller on settlement exposure. The buyer was kept informed through legal channels and any proposed change to settlement was documented.
The result
The seller avoided simply arriving at settlement unable to deliver the promised possession status.
What this story shows
If a sale contract promises vacant possession, tenancy timing must be treated as a critical-path item. Sellers should not rely on informal assurances that an occupant will leave.
This is an approved, anonymised success story about a matter handled by Aquarius Lawyers. It is general information, not legal advice. The facts, contract and law applying to another transaction may produce a different outcome.