by Cameron Shaw | Apr 18, 2016
Any* contract entered into on or after 1 July 2017 for the sale of land for a market value of $750,000 or more requires a vendor to obtain and provide a “Clearance Certificate” to the purchaser otherwise the purchaser must withhold 12.5% of the purchase...
by Cameron Shaw | Mar 23, 2016
In response to media pressure, in late 2015 the NSW government changed the law to restrict developers from using ‘sunset’ clauses in off-the-plan contracts to benefit themselves. A sunset clause is where a developer is entitled to rescind the contract for...
by Cameron Shaw | Jan 5, 2016
Sections 262, 263 and 264 of the Strata Schemes Management Act sets out the rules of service on and by Owners Corporation (or other persons) respectively. As always you should closely adhere to the rules of service to ensure any application or notice you file...
by Cameron Shaw | Dec 3, 2015
The NSW Court of Appeal has helpfully said: “The power of a proprietor to vote at general meetings of the body corporate is not fiduciary, and within limits it may be exercised by the proprietor for his or her own benefit.” Houghton v Immer (NO 155) Pty...
by Cameron Shaw | Nov 17, 2015
Section 136 of the Succession Act says: “If an intestate dies leaving no person who is entitled to the intestate estate, the State is entitled to the whole of the intestate estate”. Chapter 4 of the Succession Act makes provisions for what happens in an intestacy....