Property
PPSA Bulletin No.2 - Practicalities
Important ....
Every business that supplies goods (by sale or lease) or finance needs to consider the impact of the PPS Act upon its operations.
Personal Property Securities Act 2008 (Cth): Background and Key Concepts
Important ....
In October 2011, the Personal Property Securities Reform (the PPS Reform) will commence and a single national online register of security interests in personal property (the Register) will become operational. The key piece of legislation is the Personal Property Securities Act 2008 (Cth).
New disclosure statement for retail leases
The Retail Leases Regulations 2003 (Vic) was amended on 1 January 2011. The most important change is that the prescribed disclosure statement in schedule one has been amended in form and substance.
Lawyers asked to give written consent under s.55 of the Estate Agents Act 1980 (Vic)
A bulletin about changes to the Estate Agents Act 1980 (Vic) which comes into operation on 1 January 2011.
- Consent of Legal Practitioner Pursuant to s.55(14)(a) of the Estate Agents Act 1980 (Vic)
- Acknowledgement of Client
Recent decisions affecting 'off the plan' sales
Sales 'off the plan' - sunset clauses for registration of the plan of subdivision must be for a fixed time and cannot be extended.
Water unbundling - beware!
An outline of the new water entitlements introduced in country Victoria in July 2007 and July 2008 and a warning to legal practitioners of the risks involved in acting in this area. This bulletin also outlines the new Water Hotline available for practitioners.
New Requirements for Section 32 Statements
An emergency alert about the new owners corporation certificates in Section 32 Statements and how to cope with the transitional issues and ongoing risks.