Recent Developments in NSW Property Law: Taxes, Leasing and Conveyancing Unpacked – 4 program recorded series

Program 1: Practice and Procedure in Conveyancing: Recent Developments in NSW

Despite the slow-down in the property market, regulatory changes and other developments continue to keep the industry on its toes. This session will provide an overview of key legislation, cases and other significant changes, including:

• Electronic conveyancing update including process changes and reform timelines
• Update on interoperability - The politics of intervention and the impact of the Electronic Conveyancing (Adoption of National Law) Amendment Act 2022
• The impact of anti-money laundering legislation on property transactions and industry players
• An update on the strata legislation rewrite and introduction of amendments
• Recent cases of interest

Presented by:  Tony Cahill, Legal Author & Commentator, Chatswood, NSW

Program 2: Making the Deposit Count

Deposits are largely negotiable between sellers and buyers of property in NSW, and at a time of economic downturn the acceptance of greater risk in deposit terms can make or break a sale. This session will examine some of the choices each party has when it comes to payment and release of the deposit and the inherent risks, including:

• The legislative requirements including minimum deposit amounts
• What can go wrong will go wrong – cases and examples of deposit forfeiture and return
• Instalment deposits pro’s and con’s
• Why and when to use a deposit bond
• Drafting tips for deposit contract conditions
• Deposits in off-the-plan purchases
• Factors influence the court discretion under s55(2A) deposit repayment
• Cases including Luong Din Luu v Sovereign Developments Pty Ltd [2006] NSWCA 40; Ringrow Pty Ltd v BP Australia [2005] HCA 71; Blanco v Wan [2021] NSWSC 273; Retirement Village Bargo Pty Ltd v Anwar [2023] NSWSC 209; Dasreef Developments Pty Ltd v Josiv Velkovski [2017] NSWSC 1698

Presented by:  Tony Cahill, Legal Author & Commentator, Chatswood, NSW

Program 3: Update and Developments in NSW Retail and Commercial Leasing

This session provides an up-to-the-minute primer on the latest trends, case law developments and regulatory changes in the retail and commercial leasing landscape. Key issues examined include:

• Key takeaways from recent case law of importance involving retail and commercial leasing
• Latest legislative updates, commentary and reforms leasing practitioners need to navigate
• Practical tips and advice on latest trends shaping leasing practices

Presented by: Anthony Herro, Principal, Herro Solicitors, Sydney, NSW

Program 4: Keeping Up to Date with NSW Property Taxes and Duties

A change in State government, a tough economy and a challenging year in the building and property sector has seen a raft of changes in property related revenue raising, as well as some interesting cases and rulings. This session will examine recent developments in property tax law, including:

• First Home buyers stamp duty exemption threshold changes
• Surcharge tax for foreign residents’ property ownership in NSW and exemptions for some foreign nationals
• Stamp duty liability for specified beneficial property ownership – who is caught and how?
• Revenue Ruling on stamp duty exemption for family farm transfers
• Land tax exemption and primary production – the High Court appeal of the decision in Chief Commissioner of State Revenue v Godolphin [2023] NSWCA 44

Presented by: Andrew Rider, Barrister, Level 22 Chambers, Sydney, NSW

SPECIAL PURCHASE OFFER

The regular price for this conference highlights recorded series will be $649.

If you buy on or before 15 March 2024 you will pay only $495.