Source: https://bylawyers.com.au/step-by-step-guide/complete-bundle-nsw
Timestamp: 2020-08-09 10:44:45
Document Index: 786360151

Matched Legal Cases: ['art 1', 'art 2', 'art 1', 'art 2', 'art 1', 'art 2', 'art 1', 'art 2']

New South Wales Bundle | NSW | Legal Guides for Lawyers
New South Wales Bundle - NSW
Wales Bundle
Tue Apr 19 2016 14:00:00 GMT+0000 (UTC)
Thu Aug 06 2020 06:10:44 GMT+0000
New South Wales Bundle
$1200 AUD + GST
PURCHASE OF REAL PROPERTY (NSW)
SALE OF REAL PROPERTY (NSW)
LEASES (NSW)
MORTGAGES (NSW)
PURCHASE OF BUSINESS AND FRANCHISE (NSW)
SALE OF BUSINESS AND FRANCHISE (NSW)
1001 Conveyancing Answers (NSW)
ACTING FOR THE PLAINTIFF - LOCAL COURT (NSW)
ACTING FOR THE DEFENDANT - LOCAL COURT (NSW)
APPREHENDED VIOLENCE ORDER (NSW)
SECURITY OF PAYMENTS - BUILDING AND CONSTRUCTION INDUSTRY
CRIMINAL - LOCAL COURT (NSW)
TRAFFIC OFFENCES - LOCAL COURT (NSW)
ACTING FOR THE PLAINTIFF - DISTRICT COURT (NSW)
ACTING FOR THE DEFENDANT - DISTRICT COURT (NSW)
ENFORCEMENT (NSW)
ACTING FOR THE PLAINTIFF - COMMON LAW DIVISION SUPREME COURT (NSW)
ACTING FOR THE DEFENDANT - COMMON LAW DIVISION SUPREME COURT (NSW)
ACTING FOR THE PLAINTIFF - EQUITY DIVISION SUPREME COURT (NSW)
ACTING FOR THE DEFENDANT - EQUITY DIVISION SUPREME COURT (NSW)
MOTOR VEHICLE ACCIDENT (NSW) - ACCIDENTS PRIOR TO 1 DECEMBER 2017
MOTOR VEHICLE ACCIDENT (NSW) - ACCIDENTS FROM 1 DECEMBER 2017
PERSONAL INJURY (NSW)
VICTIMS RIGHTS AND SUPPORT (NSW)
ACTING FOR THE PLAINTIFF - FAMILY PROVISION CLAIMS (NSW)
ACTING FOR THE ESTATE - FAMILY PROVISION CLAIMS (NSW)
RETIREMENT VILLAGES (NSW)
Dealing with COVID-19 legal issues – Some practical information
ALERTS – NIL
FULL COMMENTARY - PURCHASE OF REAL PROPERTY (NSW)
101 Costs Answers
“ In the legal profession the term ‘costs’ refers to the fees and other expenses a solicitor charges a client for their professional services and other payments that arise out of the provision of legal services, including disbursements such as court fees. Costs are one of the most heavily regulated ... ”
A. Costs agreements
“ Disclosure requirements vary between the states and territories and are embodied in each costs agreement. Law practices are required to make written disclosure of a wide range of matters relating to the costs of legal services before or as soon as practicable after the law practice is retained. ”
Sophisticated, Commercial or Government clients
“ Costs disclosure is not required in relation to certain clients, described in the legislation as ‘sophisticated clients’ or ‘government or commercial clients’ as defined by the relevant legislation to include clients such as lawyers, law firms, public companies, liquidators and government entities. ... ”
Prescribed limits – no cost agreement required
“ Cost agreements are not always required although clearly as between the practitioner and their client there will be disclosure but without the need for formal compliance with the regulation. The limits are: ”
If required - NSW & VIC only - Standard costs disclosure when fees under $3000
NSW and VIC only – standard costs disclosure for fees under $3,000
“ In NSW & VIC there is a standard costs disclosure for fees under $3,000 which is included in the precedents. If the total legal costs in a matter (excluding GST and disbursements) are not likely to exceed $3,000 (the higher threshold), a law practice may, instead of making a disclosure under ... ”
Form 2 Schedule 1 - Standard costs disclosure form for clients - For Barristers being briefed directly by a client
Library of costs agreements - All states and Territories
Costs agreements - Business conveyancing
NSW 2 items
Costs agreement - Purchase of business
Costs agreement - Sale of business
QLD 1 item
SA 2 items
VIC 2 items
WA 2 items
Costs agreements - Commercial
Costs agreement - Commercial - NSW
Costs agreement - Commercial - VIC
Queensland 2 items
Costs agreement - Commercial - SA
Costs agreement - Commercial - WA
Costs agreement - Commercial - ACT
TAS 1 item
Costs agreement - Commercial - TAS
NT 1 item
Costs agreement - Commercial - NT
Costs agreements - Conveyancing and property
NSW 4 items
Costs agreement - Lease
Costs agreement - Mortgage
Costs agreement - Purchase of real property
Costs agreement - Sale of real property
ACT 2 items
SA 5 items
Costs agreement - Act for lessor
Costs agreement - Act for lessee
TAS 2 items
VIC 4 items
WA 4 items
Costs agreements - Criminal and Traffic
NSW 1 item
Costs agreement - Criminal
Costs agreement - Intervention order
Costs agreements - Defamation and protecting reputation
Costs agreement - Defamation - NSW
Costs agreement - Defamation - VIC
Costs agreement - Defamation - SA
Costs agreement - Defamation - WA
Costs agreement - Defamation - TAS
Costs agreement - Defamation - ACT
Costs agreement - Defamation - NT
Costs agreements - Employment
Costs agreement - Employment law - NSW
Costs agreement - Employment law - VIC
Costs agreement - Employment law - SA
Costs agreement - Employment law - WA
Costs agreement - Employment law - ACT
Costs agreement - Employment law - TAS
Costs agreement - Employment law - NT
Costs agreements - Estates
Costs agreement - Letters of administration
Costs agreements - Family Law
Costs agreements - Children 8 items
Costs agreement - Children - NSW
Costs agreement - Children - Victoria
Costs agreement - Children - SA
Costs agreement - Children - WA
Costs agreement - Children - ACT
Costs agreement - Children - TAS
Costs agreement - Children - NT
Costs agreements - Divorce 8 items
Costs agreement - Divorce - NSW
Costs agreement - Divorce - VIC
Costs agreement - Divorce - SA
Costs agreement - Divorce - WA
Costs agreement - Divorce - ACT
Costs agreement - Divorce - TAS
Costs agreement - Divorce - NT
Costs agreements - Financial Agreements 8 items
Costs agreement - Financial agreement - NSW
Costs agreement - Financial agreement - VIC
Costs agreement - Financial agreement - SA
Costs agreement - Financial agreement - WA
Costs agreement - Financial agreement - ACT
Costs agreement - Financial Agreement - TAS
Costs agreement - Financial agreement - NT
Costs agreements - Property Settlement 8 items
Costs agreement - Property settlement - NSW
Costs agreement - Property settlement - Victoria
Costs agreement - Property settlement - SA
Costs agreement - Property settlement - WA
Costs agreement - Property settlement - ACT
Costs agreement - Property settlement - TAS
Costs agreement - Property settlement - NT
Conveyancers costs disclosure 5 items
Costs agreements - Insolvency
NSW 3 items
Costs agreement - Insolvency - Acting for debtor - NSW
Costs agreement - Insolvency - Acting for creditor - NSW
Costs agreement - Insolvency - Acting for debtor - Victoria
Costs agreement - Insolvency - Acting for creditor - Victoria
Costs agreement - Insolvency - Acting for debtor - SA
Costs agreement - Insolvency - Acting for creditor - SA
Costs agreement - Insolvency - Acting for debtor - WA
Costs agreement - Insolvency - Acting for creditor - WA
Costs agreement - Insolvency - Acting for debtor - ACT
Costs agreement - Insolvency - Acting for creditor - ACT
Costs agreement - Insolvency - Acting for debtor - TAS
Costs agreement - Insolvency - Acting for creditor - TAS
NT 2 items
Costs agreement - Insolvency - Acting for debtor - NT
Costs agreement - Insolvency - Acting for creditor - NT
Costs Agreements - Litigation
District / County Courts 3 items
Costs agreement - Civil litigation
VIC 1 item
Local / Magistrates Courts 4 items
SA 1 item
Supreme Courts 3 items
Costs agreements - Personal injury
NSW 6 items
Costs agreement - Motor accident claim
Costs agreement - Motor accident claim - No win no fee
Costs agreement - Personal injury claim
Costs agreement - Personal injury claim - No win no fee
Costs agreement - Victims support
Costs agreement - TAC claim - Conditional
QLD 0 items
Costs agreements - Personal Property Securities
Costs agreement - Personal property securities - NSW
Costs agreement - Personal property securities - Victoria
Costs agreement - Personal property securities - SA
Costs agreement - Personal property securities - WA
Costs agreement - Personal property securities - ACT
Costs agreement - Personal property securities - TAS
Costs agreement - Personal property securities - NT
Costs agreements - Trade marks
Costs agreement - Trade marks - NSW
Costs agreement - Trade marks - Victoria
Costs agreement - Trade marks - SA
Costs agreement - Trade marks - WA
Costs agreement - Trade marks - ACT
Costs agreement - Trade marks - TAS
Costs agreement - Trade marks - NT
Costs agreements - Wills, Power of Attorney & Guardianship
Costs agreement - Wills, powers of attorney, appointment of guardians and managers and advance care planning
Costs agreement - Wills, powers of attorney and advance care directives
Costs agreement - Wills, powers of attorney and guardianship
Costs agreement - Wills and powers of attorney
WA 1 item
Costs agreement - Wills, powers of attorney and guardianship and advance health directives
When the client has not returned a signed agreement
“ Knowing that clients are disinclined to read, sign and return cost agreements, the letter sending them usually provides that unless heard to the contrary the practice will assume agreement. There will almost always be a later opportunity to have the agreement signed. Of course, many practitioners ... ”
B. Professional fees, disbursements and cost recoveries
The distinction between costs and disbursements
“ Costs are remuneration for professional work when acting in the capacity of a barrister or solicitor. Payments to a practitioner for work which is not professional work, are not costs. Disbursements are payments made, or liabilities incurred in the course of practice and which the practitioner is ... ”
“ Firms are required to provide an estimate of the total of costs, excluding GST and disbursements, and information on the impact of any significant change to these costs. A law practice must take all reasonable steps to satisfy itself that the client has understood and consented to the proposed ... ”
“ What is a disbursement Disbursements are payments made, or liabilities incurred in the course of practice, and which the practitioner is bound to pay whether put in funds by the client or not; or payments which, by established custom and practice of the profession, the practitioner is bound to pay. ... ”
C. The invoice
Money on account of fees
“ A lawyer may request money on account of fees be paid into a trust account before the commencement of work. This is particularly so in criminal and other court matters where the inclination to pay may wane with an unwanted outcome. The funds may cover legal fees as well as disbursements and the ... ”
“ The costs agreement will set out the billing cycle. Commonly a regular monthly billing cycle is adopted covering work undertaken during the previous month. ”
Lump sum invoice or itemised invoice
“ A lump sum invoice is one which sets out a recital describing the legal service provided and a total amount. An itemised invoice is one which sets out in detail each of the legal services provided, the date they were provided, and the cost for each service. An itemised invoice allows for an invoice ... ”
Charging for the preparation of an invoice
“ A law practice cannot charge for the time spent in preparing an invoice. A law practice cannot charge for the time spent in preparing an itemised invoice for a client who has already received a lump sum invoice. ”
Preparing the invoice
“ All bills should be accompanied by a written statement setting out the avenues that are open to the client in the event of a dispute and any time limits that apply to the taking of such action. Under the uniform law in NSW and VIC each bill or covering letter must be signed by a principal of the ... ”
Library of invoice recitals
Injuries, works compensation, victims supprt
Security of payments NSW
“ In 1991 the Australian Competition and Consumer Commission released guidelines to assist businesses in the withdrawal on one and two cent pieces. In the purchase of goods or services for cash, businesses were advised to round the final payment: ”
“ – When to charge and how to charge Goods and Services Tax (GST) is a broad-based tax of 10% applied to most goods and services, including legal services. Businesses are required to register for GST if their turnover exceeds the $75,000 threshold. If turnover is less than $75,000 than registration ... ”
“ Reducing fees can create good will but needs to be handled with care as some take offence to the implication that they cannot afford to pay for the work they have retained. It is also a hard won reality that comes from experience that people are inclined not to value any advice given for free. ”
“ Credit terms are quite common and need to be clearly documented and administered. ”
“ Notification of rights is a requirement in all states and is found in all example invoice precedents. If the client has not been advised of their rights in a costs agreement, then practitioners must advise the client of their rights at the time of issuing the invoice. ”
WIP and debt ageing
“ Monthly accounting for work in progress is recommended in order to achieve target lockup days. If debtors are not followed up promptly cash flow reduces making it imperative to adopt a debtor’s policy for effective debtor control. All overdue accounts must be followed up promptly and repeatedly. ”
Notification of client's rights - All states
Notification of client's rights - ACT
Notification of client's rights - NSW
Notification of client's rights - QLD
Notification of client's rights - SA
Notification of client's rights - TAS
Notification of client's rights - VIC
Notification of client's rights - WA
Notification of client's rights - NT
D. Getting paid
Termination of the retainer and liens
“ Termination When a retainer is terminated before completion a lawyer may claim costs for the work done to the date of termination on a quantum meruit basis if: ”
“ Sound financial management is absolutely critical to the success of the law practice. There is a high correlation between practices with poor financial management and increased probability of experiencing professional negligence claims. The link is clear. Principals, who do not manage their ... ”
“ Methods of payment include: Credit card; ”
Can money held in trust be used to pay an invoice
“ All By Lawyers cost agreements include the following authority to transfer money to pay their invoices: Trust money ”
E. Debt recovery
Suing for costs
“ Lawcover recommends that practitioners use the cost assessment scheme to recover costs. Instituting proceedings against a disgruntled client who refuses to pay an outstanding bill exposes practitioners to the risk of a cross-claim in negligence being filed. The advantage of the cost assessment ... ”
Standard letter of demand
Letter of demand with originating motion
Example content - Pleadings and particulars - Solicitor's costs - Debt recovery
“ Other states For more information on similar procedures that exist in some other states, see: ”
Costs assessment forms
Form A2.1 - Application for assessment of costs - law practice v client
Form A4 - Application for review of determination of a costs assessor
Form 3.47 - Originating application for costs assessment
Form 60 - Application for costs assessment and costs statement
A brief explanation of the transition to E-conveyancing
Papers and articles - Conveyancing and property
Adjustment for cladding agreements
Avoiding off the plan contracts - A sequel
Avoiding off the Plan - Quality Defects
Avoiding off the Plan - Statutory Rights
Breach of contract - Loss
Breach of contract - Penalty interest
Breach of section 32
VIC - Caveats
Caveats - Costs and caveats
Caveats - Forcible removal 1
Caveats - Forcible removal 2
Caveats - Insufficient proceeds from settlement
Caveats - Tenants caveats
Caveats - Use them!
Certificates of title in electronic conveyancing
Clayton's settlement
Contract - Australian Consumer Law
Contract - Avoiding off the plan contracts 1
Contract - Avoiding off the plan contracts 2
Contract - Changing the contract by special condition
Contract - Electronic conveyancing special condition
Contract - Electronic signature
Contract - Entire contract
Contract - Finance conditions 1
Contract - Finance conditions 2 - A silly decision
Contract - Finance conditions 3
Contract - Guarantee
Contract - Is there a contract
Contract - Misleading contracts
Contract - New contract
Contract - New contract - Contract of sale tweaked
Contract - New contract - Happy anniversary
Contract - New special conditions for contract of sale
Contract - Nomination
Contract - Nominee's rights
Contract - Terms contracts 1
Contract - Terms contracts 2
Contract - Terms contracts 3
Contract - Trust transactions
Co-owners - Joint tenancy or tenancy in common
Co-owners - Two topics
Covenant - Removal of covenants 1
Covenant - Removal of covenants 2
Defects - Essential safety measures - Part 1
Defects - Essential safety measures - Part 2
Defects - Occupancy and insurance certificates
Deposit - Deposit release - A solution
Deposit - Deposit release - Tough decisions
Deposit - Deposit release - Why take the risk
Deposit - Deposit release - 2010
Deposit - Deposit release - 2017
Deposit - Forfeiture of deposit
VIC - De-regulated Contract of Sale of Land
Deterioration - A matter of degree
Deterioration - General condition 24 has teeth
Deterioration - State of the premises
Easements - Two topics
Electronic Conveyancing Special Condition
Estate agent - Agent beware
Estate agent - Agent's commission
Foreign residents capital gains tax withholding
GST - GST and mistake
GST - Margin scheme
GST withholding
Inspection - Right to inspect
Land tax - Part 1
Land tax - Part 2
VIC - Land transfer duty benefits
Lease - Abandoned goods
Lease - Landlords beware
Lease - Retail lease
Lease - Retail lease - Predominant use
Lease - Retail lease cost
Nomination and ACL
Nomination - Nomination disputes
Notices - Liability for notices
VIC - Off the plan duty concessions
Planning certificates - Accuracy
Property - Rules and undertakings
Rescission - Consequences of rescission 1
Rescission - Consequences of rescission 2
Rescission - Costs on rescission
Retail Repairs
Retail repairs revisited
Sale of land amendments
Scary short-stays
Septic situation
Sheriff's sale - Part 1
Sheriff's sale - Part 2
Sheriff - Enforcement procedure
Solicitor - Lawyers selling real estate
Solicitors - Commercial advice
Solicitors - Executor's commission 1
Solicitors - Executor's commission 2 - A fiduciary duty
Subdivision - Off the plan sales
Subdivision - Off the plan sales - Best endeavours - Part 1
Subdivision - Off the plan sales - Best endeavours - Part 2
Subdivision - Off the plan sales - Materially affects
Subdivision - Off the plan sales - Sunset conditions
Subdivision - Owners corporations
Subdivision - Owners corporation certificates
Subdivision - Owners corporation repairs
Sunset clause - Vendor ending a contract - Purchaser's consent or court order required
To be or not to AirBnB
Trade practices - Fair Trading Act
Vendor statement - Aboriginal Heritage Act
Vendor statement - Breach of section 32
Vendor statement - Growth Areas Infrastructure Contribution
Vendor statement - Honest and Reasonable
Vendor statement and leases
Vendor statement review
Vendor's duty to co-operate
VIC - Vendor statements and the ACL
A full description of the purchase process in NSW
“ NSW Land Registry Services Registrar General’s Guidelines ”
“ 1001 Conveyancing Answers (NSW) Papers and Articles – Conveyancing and Property ”
“ The purpose of a conveyancing transaction is to transfer the title and use of real property from one party to another. Despite the current trend to make it so, conveyancing is not adversarial. This is largely due to the disclosure regime that governs the transaction, statutory warranties and the ... ”
Getting the matter underway
“ Instructions are received in many different ways. A practitioner is likely to begin acting on a purchase after being advised by an agent or their client that a purchase has been negotiated and that details will follow. As the majority of the purchases handled by practitioners are of residential ... ”
“ Taking good instructions The use of the precedent Retainer Instructions ensures that all important issues are considered, instruction which cannot be contradicted later recorded, costs discussed, and the scope of the retainer clearly defined. ”
File cover sheet - Purchase of real property
Detailed file cover sheet - Purchase of real property
Retainer instructions - Purchase of real property
To do list - Purchase of real property
Verifying identity and client authorisation
“ VOI ”
“ A Client Authorisation enables the client to authorise a solicitor or conveyancer to act on their behalf for an electronic transaction. Although the authorisation is similar to a power of attorney, legislation specifically states a client authorisation is not a power of attorney. A client ... ”
Library of identity and authorisation forms - NSW
Client Authorisation 2 persons 1 card
Initial letter to purchaser of commercial or industrial property
Initial letter to purchaser of house or land
Initial letter to purchaser of home unit villa or town house
Enclosure - General advice to purchasers
Enclosure - Schedule of fixed fees - Purchase of real property
Initial letter to agent
Letter to vendor's solicitor seeking contract
Authority for council records inspection by purchasers
If required - Reports and other information
If required - Council
Letter to vendor's solicitor with authority to inspect council property file
Application for building certificate
Letter to vendor's solicitor to sign authority for land use application
Authority for land use application
Letter to pest inspector
Letter to building inspector
Letter to surveyor requesting survey
Letter to strata records inspector
Authority for strata records inspection by purchasers
Letter to purchaser when no property reports or enquiries to be made
Letter to purchaser acknowledging we act for both parties
Authority to waive vendor purchase related enquiries
If required - Powers of attorney for land
Powers of attorney for land transactions
“ Sections 23C and 54A of the Conveyancing Act allows a contract to be signed by a duly authorised agent in writing. However, if a document that is required to be registered such as a transfer is signed by an attorney then the power must be registered. A power of attorney authorises the attorney to ... ”
NSW Land Registry Services power of attorney
Library of clauses for power of attorney
Company appoint attorney to conduct the business of the company
Access to will
Company appoint attorney to execute documents
Director appointing substitute during absence
If required - Purchases $750,000 and over - Foreign resident capital gains withholding payment
Letter to client regarding foreign resident capital gains withholding payment
Foreign resident capital gains withholding clearance certificate application
Foreign resident capital gains withholding purchaser payment notification
Foreign resident capital gains withholding rate variation application
If required - GST withholding - New residential premises or potential residential land
Withholding payment of GST on purchase of certain real property
“ The requirement for purchasers to withhold the GST and remit it to the commissioner on taxable supplies of certain real property under subdivision 14-E Schedule 1 of the Taxation Administration Act 1953 came into force on 1 July 2018. Subdivision 14-E applies to all contracts that settle after 1 ... ”
Letter to client regarding GST withholding payment
Letter to ATO with withholding payment
GST property settlement online forms and instructions - Australian Taxation Office
GST property settlement withholding notification - Australian Taxation Office
GST property settlement date confirmation - Australian Taxation Office
Comparing the By Lawyers contract and the Law Society contract
“ By necessity these contracts cover much of the same ground. However, there are some key differences identified in the table below. Both contracts comprise a summary, standard terms and conditions and any added special conditions. The terms and conditions are the subject of copyright and any ... ”
By Lawyers contract
“ Summary, special conditions and standard terms and conditions The contract comprises the summary, the standard terms and conditions and any added special conditions. The terms and conditions in PDF format remain unchanged and the summary is used to amend the terms and conditions or add special ... ”
If required - Accompanying notes for By Lawyers Contract
Law Society contract
“ The Law Society have published a 2019 edition of the contract. The Property Law page at the Law Society has further information including a summary of changes, a link to an FAQ and a link to the ECOS site. ”
“ The central issues as to the identity of the purchaser are those relating to tax, tenancy and asset protection. See Business structures – Comparative table on the guide for more information. ”
“ Identification Those who cannot imagine a mistake in this area easily overlook the need for identification of the property. It seems inconceivable that a contract can relate to a property other than the one inspected by the purchaser, but it happens. ”
“ It must be unambiguous whether or not GST is payable by the purchaser and whether or not it is included in the price. If substantial inclusions are involved then an apportionment of the price may be necessary for tax purposes. Transfer duty is payable on the price inclusive of GST whichever way it ... ”
“ The contract between a vendor and purchaser is the primary document setting out the obligations of the parties. It is an executory document, meaning it establishes the rights and obligations of the parties to be performed over a period of time, culminating with payment by the purchaser of the ... ”
“ This is often an area which leads to dispute. Care should be taken to ensure that all inclusions are stated and any items that a purchaser might consider to be included but aren’t are identified as exclusions. Typically disputes arise over such items as birdbaths, large entrance pots, cubby houses ... ”
Disclosure and requirements for listing contract
“ Commercial building disclosure From 1 November 2011 corporate vendors of office space buildings exceeding 2,000 square metres are required to obtain and disclose a current Building Energy Efficiency Certificate (BEEC). The BEEC needs to include: ”
Home builder’s liability
“ At common law a builder who constructs a building has contractual and tortious responsibilities. The contractual responsibilities are owed to the owner with whom the builder enters into the contract in relation to the building work, and a tortious duty is owed to a subsequent owner to exercise ... ”
“ Both the By Lawyers contract and the Law Society contract are designed to obviate the need for any alterations and additions to the contract. Most practitioners add some special conditions to the Law Society contract, some have many pages often making minor changes to the standard clauses and ... ”
“ Section 52A of the Conveyancing Act 1919 provides that a vendor shall be deemed to have included in the contract such terms, conditions and warranties as may be prescribed and the regulations may make provision for or with respect to the remedies and relief available to a purchaser under a contract ... ”
Less common contractual considerations including auction and buying off plan
“ Waterfront properties and foreshore maritime structures There is no automatic right to use existing foreshore maritime structures, such as jetties, boat ramps and boat sheds enjoyed by a waterfront property. When acting for vendors or purchasers of waterfront property, you must check if there are ... ”
C. Negotiations and exchange
Letter to purchaser to come in to sign contract
Letter with contract to purchaser unable to attend office
Reports, inspections and loan approval
“ Enquiries before exchange Despite the apparent protection of the regime of statutory warranties there is little comfort to be found in rescission or litigation. Thorough inspection before exchange by the appropriate experts and by the purchaser is the best course of action to take to avoid ... ”
“ As discussed above, when using the By Lawyers contract in most matters it will not be necessary to add any special conditions because the special conditions customarily included by vendors in the Law Society contract have already been incorporated in the By Lawyers contract. There is an extensive ... ”
Library of special conditions
$750,000 and over - Foreign resident capital gains withholding payment
Aboriginal claims
Agent's interest - Disclosure
Auction - Conditions of sale of land
Building - Completion subject to major domestic building work
Building certificate - Completion subject to purchaser obtaining
Building report - Completion subject to satisfactory report
Confidentiality - Purchaser
Contamination - Purchaser accept any contaminant
Contamination - Purchaser accepts named contaminant
Covenant - To produce for inclusion in conveyance
Defects liability - Builder vendor - No or 3 month liability period
Defects liability - Minor defects period
Deposit - Bond issued to vendor
Deposit - Exchange on less than 10 per cent
Deposit - Investment in interest bearing trust account
Deposit - Payment of 2 instalments if cooling off period applies
Deposit - Release for use by vendor as deposit or stamp duty
Development - Vendor will facilitate purchasers proposed development
Development application - Completion subject to
Development application - Vendor to consent following exchange
Documents - Attached
Early settlement - Discount for
Executor - Vendor executor and not yet registered proprietor
Finance - Completion subject to
Finance - Supplied by vendor
Foreign purchaser - Completion subject to FIRB approval
Foreign purchaser - Warranty regarding foreign person status
GST - Apportionment of price
GST - Farm land supplied for farming
GST - Included in price margin scheme applies no input tax credit
GST - Payable by purchaser in addition to price
GST withholding - Residential premises or potential residential land
Guarantee - Corporate purchaser
Home Building Act - Owner-Builder consumer warning
Interdependent - Completion subject to purchase by vendor
Interdependent - Completion subject to sale by purchaser
Interdependent contracts
Interest to run from expiry of notice to complete