So think we have now found our new forever home in Liopetri...but it doesn't come without its problems!! The property was originally bought off plan in 2005 and the vendors are going through the Trapped Buyers process. Currently the property has been issued its separate title deed (but in the developers name). Our lawyer is concerned that the land deeds appear to have a mortgage regi
stered, but the vendors lawyer's draft assignment contract states that all encumbrances and mortgages will be cleared once the AEA is completed. So my question is, how likely is it for the deeds to be 'cleaned' by the AEA process?