Planning certificates — a seminar for the uninitiated

Planning certificates - a seminar for the uninitiated and a refresher for others! Level 16 55 Hunter Street Sydney, NSW 2000 GPO Box 475 Sydney, NSW 2001 DX 605 Sydney Telephone +61 2 9225 2500 Facsimile +61 2 9225 2599 www. kempstrang. com. au AFFILIATED FIRMS PRACTISING SEPARATELY IN MELBOURNE • BRISBANE • ADELAIDE • PERTH Archie Smith March 2010

CONVEYANCING IS SIMPLE! The humble section 149 certificate – one of the most important documents in the conveyancing process?

A BIG YEAR FOR THE 149 CERTIFICATE n The 2009 changes § 27 February - complying development disclosure § 1 July – contaminated land management disclosure § 31 July – site compatibility certificates § 7 September – exempt & complying development codes

PRESCRIBED DOCUMENTS n Prescribed documents – Conveyancing (Sale of Land) Regulation 2005 n Omitting the section 149 certificate – an option? n Replacing or updating an inaccurate section 149 certificate § Azar Building and Construction Services Pty Ltd –v. Liristis Holdings Pty Ltd n Is the section 149 certificate complete? § Argy –v- Blunts & Lane Cove Real Estate Pty Ltd Azar Building and Construction Services Pty Ltd -v- Liristis Holdings Pty Ltd [2002] NSWSC 1085 Argy –v- Blunts & Lane Cove Real Estate Pty Ltd (1990) NSW Conv. R 112

PRESCRIBED WARRANTIES n Prescribed warranties – Conveyancing (Sale of Land) Regulation 2005 n Adverse affectations n Disclosing adverse affectations

IMPLIED TERMS n Objections and requisitions n Off the plan n House and land packages

OPTIONS AND EXEMPTIONS n Don’t forget options! § Implied warranties § Exemptions to prescribed documents and warranties § Exempt contracts § Exempt land

WHEN IT ALL GOES HORRIBLY WRONG! n Rescission § Rights to do so § Limits on rescission • Failure to disclose existence of affectation; and • Purchaser unaware of existence when contract entered into; and • Purchaser would not have entered into contract if aware of existence of affectation § How and when

SOLICITOR’S DUTY OF CARE n Checking section 149 certificate accuracy n Full vendor enquiries n Surveys and building certificates n Acting for a purchaser § Testing prescribed warranties § Explaining the section 149 certificate § Luxford –v- Sidhu (2008) NSW Conv. R 56 -203

A FINAL COMMENT n Conveyancing is simple? n Procedure and process n The informed vendor n Duty to a purchaser

OVER TO YOU! Questions?