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Month: August 2018

First home buyers and downsizers set to reap super benefits

Sunday, 26 August 2018 by AICNSW
Government changes to super will benefit people at the start of their home-owning journey and those later in life looking to downsize. Two Federal government housing affordability schemes that involve changes to superannuation are set to come into full effect from 1 July 2018. From July 1, eligible first home buyers and those looking to
  • Published in Information

Electronic Conveyancing

Monday, 20 August 2018 by AICNSW
Conveyancers in New South Wales are increasingly embracing Property Exchange Australia (PEXA) online electronic settlement platform as the state continues to progress towards a digitised industry. With standalone transfers and caveats transitioning online in NSW as part of the 1 July compliance date, three NSW Licenced conveyancers who have already stepped into the digital future
  • Published in Information

Is Your Dealing Authorised?

Monday, 13 August 2018 by AICNSW
For all electronic dealings, a Client Authorisation is now required to authorise a conveyancer to act as their client’s agent and to sign conveyancing transactions on their client’s behalf. Client Authorisations 2018: A Health-Check The cut-off dates for mandatory electronic lodgements of conveyancing transactions in NSW are fast approaching. Furthermore, Client Authorisations are becoming a
  • Published in Information, Law

Case law updates – Do certifiers owe a duty of care to prospective purchasers when issuing an occupation certificate?

Monday, 06 August 2018 by AICNSW
In Ku-ring-gai Council v Chan (2017) NSWCA 226, the NSW Court of Appeal considered the issue of whether Ku-ring-gai Council (the Council) owed the subsequent purchasers of a renovated property a duty to take reasonable care in issuing an occupation certificate to avoid their suffering economic loss as a result of the previous owner-builder’s defective
  • Published in Information, Law

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