This article about the new disclosure requirements for off-the-plan apartment sales in NSW has been provided by Emma Smythies, Bugden Allen Lawyers. New legislative reforms for off-the-plan contracts for sale in NSW came into effective from 1 December 2019. The reforms in the Conveyancing Legislation Amendment Act 2018 and Conveyancing (Sale of Land) Amendment Regulation … [Read more...]
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NSW: Q&A Right To Use Common Property: How Much for the Roof Space?
A NSW Lot Owner wonders how much to pay for the right to use common property. He'd like to purchase the roof space to build another bedroom. Emma Smythies, Bugden Allen Lawyers provides a few options plus the steps involved. Question: I want to purchase the roof space above my apartment to build another bedroom and the committee has agreed. What happens now and how do we … [Read more...]
