The Shortfall Pitfall and How to Avoid It

The Shortfall Pitfall and How to Avoid It

Article by Nikki Johnston As a result of the advent of electronic conveyancing via platforms like PEXA, Conveyancers no longer must navigate the complications of cheque directions to an incoming mortgagee, time constraints, and the potential risk of spelling errors or incorrect amounts on the day of settlement. We are, however, facing a new issue;…

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The Future of Sunset Dates in Off-the-Plan Contract

The Future of Sunset Dates in Off-the-Plan Contracts

Article by Elias Farah & Erin Freebairn What is a Sunset Date? You would be aware of properties sold “off-the-plan” when looking at projects comprising apartments, and more recently when involving new homes (often townhouses). Buying off-the-plan is when a buyer enters a contract to acquire property prior to completion or construction of the dwelling…

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