Off the plan sales and changes to the property

Can the purchaser of an apartment off the plan terminate the contract because the carspace allocated to the lot contained a PWD symbol? Perhaps surprisingly the issue was recently considered by the Supreme Court of New South Wales[1].  The decision provides a useful reminder of the principles which apply to variations between contract and settlement. […]

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COVID-19 | Residential Tenants affected by COVID-19 and Impact on Sale Contracts (QLD)

Controversial new laws giving temporary relief to Queensland residential tenants affected by the COVID-19 emergency came into effect on 24 April 2020[1].  The new laws override a number of provisions in the residential tenancies legislation[2] until 31 December 2020. The new laws attempt to strike a fair balance between: the public health need of avoiding […]

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How will the new GST withholding regime impact your development?

The ATO has released a draft of the legislation which will give effect to the proposed new GST withholding requirements for buyers in new developments announced by the Treasurer in this year’s budget speech. Partner Matthew Raven has produced this brief summary.   Who is affected? The proposal will affect all developers of apartments and […]

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