Recorded Webinar: COVID-19: Measuring its Impact on Leases and the Sale of Property (NSW)

 

16th April 2020

Duration:  approx. 1 hour

 ABOUT THE WEBINAR
As COVID-19 continues to sweep the globe, its impact is being felt in every sector, particularly real property. This session examines the emergency measures that have been implemented as a result of the pandemic and how leases, and the sale and purchases of property, have been affected. It covers:

  • Unpacking COVID-19 Legislation Amendment (Emergency Measures) Act 2020 No 1 and its impact on property transactions:

    • Changes to the Retail Leases Act

    • Changes to the Residential Tenancies Act

    • Changes to the Electronic Transactions Act

  • Sale and purchases of property:

    • Practical implications of the restrictions on marketing a property

    • Is COVID-19 status a ‘material fact’ under the principles of Hinton & Ors v Commissioner for Fair Trading, Office of Fair Trading?

    • Verification of identity and the VOI standard. 

      What if the premises are affected? Does the vendor have a duty to clean the premises prior to completion? If so, to what standard and what evidence should be provided?

    • What if a party to the contract is self-isolating or quarantined at a critical time? What about other residents of the property?

    • Sales of properties currently tenanted but to be vacant on settlement: are there new restrictions on removing the tenant?

    • What if the circumstances of a purchaser change due to the economic downturn? Might a “subject to finance” clause be prudent in these extraordinary times?

    • Drafting appropriate special conditions - what event/s trigger the clause? What remedies are appropriate if the clause is activated - delayed settlement vs rescission vs termination? 

 PRESENTER
Recorded Webinars,Property Law,Recorded Webinar:  COVID-19: Measuring its Impact on Leases and the Sale of Property (NSW)

Tony Cahill, Legal Author and Commentator, Chatswood

Tony Cahill was admitted as a solicitor in 1981. In July 2002 he commenced a ‘sabbatical’ from private legal practice to concentrate on legal education and writing.

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

 WHO SHOULD ATTEND?

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

 ENQUIRIES/ASSISTANCE
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 2020

Product Code: WBOAPR20
 Price:  $264.00 (Inclusive of GST)
© 2020 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.