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Category: Conveyancing

Collective Sales – Windfall when neighbours work together

Strata, Urban Renewal, Development Contracting, Conveyancing

Posted 12 June 2019

Strong pressure on Sydney property prices and an acute shortage of suitable development sites has made it possible for neighbours acting together to achieve excellent prices for properties which in ag…

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Discovery of Defects or Missing items after purchasing a unit

Strata, Building Defects, Conveyancing

Posted 27 June 2017

Owners often find themselves in the position where they purchase a unit off the plan, only to discover that there are items missing or there are defects present (i.e. cracking to the cupboards).…

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Strata Reform: Strata Managing Agents involved in Business Development – Beware!

Strata, Strata Reform, Conveyancing

Posted 24 October 2016

Under the Strata Schemes Management Act 2015 (SSMA 2015) one of the new features relates to a restriction on the appointment of strata managers who are connected with the developer.…

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Pennywise but Pound-foolish: Owners and Contracts for Residential Building Work

Conveyancing

Posted 02 August 2016

The purchase of a home will probably be the most significant commitment to expenditure many of us will ever make. No sensible person enters into such a transaction without qualified legal advice and r…

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Swimming Pool Changes – Are You Selling, Buying or Leasing? Beware the hype!

Strata, Conveyancing

Posted 27 April 2016

Changes to the Swimming Pools Act 1992 and regulations come into force on 29 April 2016 and will have a direct impact on the sale, purchase or lease of properties with a swimming pool or outdoor spa. …

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Statute Eclipses Sunset Clauses: Conveyancing Amendment (Sunset Clause) Act 2015

Conveyancing

Posted 01 December 2015

On 24 November 2015, the Conveyancing Amendment (Sunset Clauses) Act 2015 ("the Act") was assented to by the NSW Parliament and came into force. The preamble states that it is an Act "to prevent a dev…

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It’s your Call to enter into an Option Agreement – Key Considerations for Put and Call Options

Development Contracting, Contracts, Conveyancing

Posted 01 June 2015

Option agreements are an increasingly common means by which developers secure development sites. There is good reason for that, as they provide developers with flexibility and assist with managing cas…

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Not their First Home: Investors are obtaining First homebuyer grants through Complex Ownership Arrangements

Strata, Levy Recovery, Conveyancing

Posted 15 April 2015

Owners of multiple properties may be getting NSW’s first homeowner grant and stamp duty concession despite not qualifying for it, cheating the government out of taxpayer revenue. …

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