What's this about?
The number of residential properties purchased off-the-plan has risen dramatically over the last decade. This rise has prompted a need to review existing laws around off-the-plan contracts.
The Office of the Registrar General has released a Discussion Paper (PDF, 817kb) that canvases a range of measures to help standardise practices within the industry and provide a better outcome for purchasers and developers. The paper considers possible reforms to disclosure, standard terms and cooling off periods.
Have your say
There are two ways you can provide your feedback:
- Email: [email protected]
- Mail: : Off-the-plan contract Review
Office of the Registrar General
2-24 Rawson Place
Sydney NSW 2000
Have your say by 30 January 2018.