Reply To: What To Do With Deposit When Sale Falls Through

#20246
John Norris
Participant

    While it seems logical to pay the surplus to the rate account, the purpose of sale of land is to pay the rates and charges that are due to the date of the sale. What is being proposed by offsetting the surplus against future rates is giving benefit to the ratepayers who have not paid their rates. Perhaps after all rates and charges have been paid the balance can be used by Council for whatever purpose.
    I’m not saying it’s right but it’s another avenue of thought.