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Bannermans Collective Sale Advice

Maximum return on your asset – owners working together to create development sites

After working on over 80 sites and being involved in two of the first
four cases filed after commencement of the Strata Renewal legislation,
Bannermans can help you achieve your goals.

What choose us?

  • Prompt, comprehensive and reliable advice.
  • Ability to think outside the square and consider all options available.
  • Strong relationships with industry contacts including agents, planners and valuers.
  • Processes and systems in place for a speedy, streamlined transaction.

When we can help?

  • Owners Combining: Advice and agreements to enable owners to work together.
  • Planning: Advice as to re-zoning, planning strategies, maximising floor space ratio and possible benefits
  • Contracts: Preparation and/or review of Agency Agreements, Option Deeds and/or Contracts for Sale.
  • New 75% Rule: Conduct of process for strata schemes, developers or dissenting owners from start to finish if over 75% support is achieved

The process of collective sale/urban renewal can seem to be very overwhelming to the parties involved and we at Bannermans Lawyers aim to assist you during the process and walk you through the steps. Guidance through this process and a successful outcome is our goal for all parties involved. These steps include:

  • Attendance on conveyancing matters
  • Attending settlement
  • Collective sale advice
  • Court proceedings
  • Prepare briefs and obtain fee proposals from valuers and planners
  • Prepare collaborative agreement between dissenting owners regarding negotiations with developer and ongoing court matters
  • Prepare collaborative joint sale agreement
  • Prepare contract for sale for use by Real Estate Agent in marketing of property including obtaining relevant searches and prescribed documents
  • Providing post-settlement confirmation and advice
  • Review call option deeds and contracts for sale
  • Updating and executing contracts for sale

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