Victorian Current Acts Victorian Current Acts(1) A purchaser of residential land under a rent‑to-buy arrangement may avoid a contract that is part of the arrangement by giving notice to the vendor.
(2) A notice under subsection (1)—
(a) may be given at any time before completion of the contract; and
(b) must be in writing and signed by the purchaser.
(3) If a rent-to-buy arrangement involves 2 or more contracts and a purchaser avoids a contract that is part of the arrangement, all of the contracts that are part of the arrangement are void.
S. 29WG inserted by No. 14/2019 s. 22.