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 Recorded Webinar: Navigating the Risks and Rewards of Off the Plan Purchases (NSW)

Recorded: 7/12/20
Duration: 1 Hour

Recent reforms have given greater protections to purchasers of residential properties off the plan. Nevertheless, there are still important due diligence steps that need to be taken. This session will look at the risks of buying off the plan, and what you need to advise your client, including:

  • An update on the regulatory regime and what transactions are covered
  • The new disclosure statement – what’s in it and what to look for
  • Changes from contract to completion – what are the developers and purchasers’ rights and obligations?
  • When can a purchaser cancel a contract or claim compensation? What constitutes a material particular?
  • When can a developer cancel a contract and what remedy does the purchaser have for failure to complete?
  • Sunset clauses and construction delays and their impact on a purchaser
  • Contract for the Sale and Purchase of Land amendments for OTP transactions
  • Will the reforms address the imbalance or deter developers? A look at the future of OTP transactions and what developers might do to minimise their risks
Recorded Webinars,Property Law,Recorded Webinar: Navigating the Risks and Rewards of Off the Plan Purchases (NSW)

Tony Cahill, Legal Author & Commentator, NSW

Tony Cahill was admitted to practice in 1981. After 13 years with a medium-sized city law firm, Tony commenced practice on his own account at Chatswood. In July 2002, Tony commenced a ‘sabbatical’ from private practice to concentrate primarily on legal education and writing.

He is a member of the Law Society’s Property Law Environmental, Planning and Development Committees. He has been a member of the Re-Draft Committees for the editions of the Contract for the Sale of Land since 1992, and the editions of the Contract for the Sale of Business since 2000.

In 1995, Tony completed the Property Agency TAFE course which was then the most usual educational qualification for holders of licences under the former Property, Stock and Business Agents Act 1941.

He was a co-author with Russell Cocks and Paul Gibney of the first NSW edition of 1001 Conveyancing Answers, and the co-author with Gary Newton of Conveyancing Service New South Wales and Annotated Conveyancing and Real Property Legislation New South Wales, both published by LexisNexis Butterworths.

Tony has been a part-time lecturer at the University of Technology, Sydney, in construction law, property transactions, legal studies, and real estate law, and has lectured at the Sydney and Northern Sydney Institutes of TAFE, the College of Law and the Law Extension Committee  in various law subjects.


This webinar is suitable for NSW Conveyancers. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD:  1 CPD unit - substantive law.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: lisa@tved.net.au

© Television Education Network Pty Ltd 2022

Product Code: ZBGDEC20
 Price:  $198.00 (Inclusive of GST)
© 2022 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.