by actionproperty | Jul 7, 2016 | News Trends & Legislation
The June 2016 decision by the Federal Government to expand the Commercial Building Disclosure (CBD) scheme and the Equipment Energy Efficiency (E3) will lower the requirement for most sellers and lessors of commercial office space from 2,000 to 1,000 square metres....
by actionproperty | Feb 17, 2015 | News Trends & Legislation
PAMDA is dead, long live four new Acts … including the Property Occupations Act 2014, where the new rules have substantial impacts on most residential sale contracts including: The vendor or their agents no longer have to provide a purchaser with a Form 30c, which...
by actionproperty | Aug 1, 2013 | News Trends & Legislation
From today 01 August 2013, amendments to the Body Corporate and Community Management Act 1997 (BCCM Act) take effect. Buyers will now need to conduct more thorough due diligence because sellers are no longer required to provide: • a copy of the Community Management...
by actionproperty | Jun 19, 2013 | News Trends & Legislation
Despite repeated ‘in your face’ warnings to seek independent valuation, investment & legal advice, there seems a ready supply of ‘suckers’ available for plucking by shoddy spruikers selling overpriced units/ townhouses promising returns that are usually not...
by actionproperty | Feb 8, 2012 | News Trends & Legislation
QLD has an obsession for a “paper tenure” that can turn as toxic as GFC derivatives. A body corporate investment can mutate into a living hell when disputes between managers and unit owners arise. These property rights emerged in the 1970s as a fledgling cottage...
by actionproperty | Jan 1, 2011 | News Trends & Legislation
The year starts with significant changes impacting all leases falling under the Retail Shop Leases Act, 1) new lessor disclosure requirements and, 2) ratchet clauses to be outlawed again. Lessor Disclosure Requirements QLD, NSW & VIC have got together to...
