Comment or submission period: All comments or submissions must be received no later than Monday, 12 April 2010.
The Conveyancing (Sale of Land) Regulation 2005 will be automatically repealed on 1 September 2010, pursuant to section 10(2) of the Subordinate Legislation Act 1989. It is proposed to make a new Regulation, the Conveyancing (Sale of Land) Regulation 2010, to operate from that date. Amongst other things, the Regulation requires that the vendor disclose, through annexure to the contract, information about title, zoning, sewerage, easements and covenants. The contract for sale is also deemed to include an implied warranty by the vendor that certain matters do not affect the property unless disclosed in the contract.
The discussion paper outlines some issues identified in the preliminary stages of the review by a working group established for the review of the above Regulation.
Conveyancing (Sale of Land) Regulation 2005 - LPMA Discussion paper (PDF 247KB)
Written comments and submissions on the matters affecting the Regulation, or any other matters raised in the discussion paper are invited and should be sent to:
Land and Property Management Authority
Legal Services Branch
GPO Box 15
Sydney 2001 NSW
F: 02 9221 4309