• Letter of Offer Dispute: Application Fee If Borrower Withdraws

    letter of offer

    Letter of Offer Dispute – charging an Application Fee when the borrower withdraws.

    The Queensland Court of Appeal decision of Memery v Trilogy Funds Management Limited [2012] QCA 160 provides a useful analysis of when a lender may charge an application fee under a letter of offer agreement even if the loan does not proceed.

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