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New requirements for off-the-plan contracts from 1 December 2019

New requirements for off-the-plan contracts from 1 December 2019

The NSW Government has announced changes to off-the-plan contract laws which are set to take effect from 1 December 2019. These changes will apply on the commencement of the Conveyancing (Sale of Land) Amendment Regulation 2019 and Conveyancing Legislation Amendment Act 2018. The key changes are listed below. Disclosure Statement The new laws will require […]
Caveats, the red flags of property law.

Caveats, the red flags of property law.

The word caveat simply means a warning or notice, and a caveat precisely does that. A caveat serves notice to all the world that someone has an interest in a property alongside the interest of the registered owner of that property. The caveat will not only inform everyone that you have an interest in the […]
Purchasing “Off the plan”

Purchasing “Off the plan”

In the past few months, there has been an exponential increase in the sale of units ‘off the plan’.