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  1. LexCon

    Legals regarding unregistered land.

    Hi ej89, Sorry no I don't. I suggest you contact a NSW conveyancer or solicitor. :(
  2. LexCon

    Legals regarding unregistered land.

    Hi, There is no legislative definition, ultimately it is up to the court to decide. A barrister has described it to me as a significant affect on the purchaser.
  3. LexCon

    Legals regarding unregistered land.

    Hi, Sorry I misread your post. A developer can ask for up to a 10% deposit of the sale price of unregistered land. The deposit cannot be released to the developer until the plan is registered. Because most contracts require settlement within 14 days of the plan being registered it is very...
  4. LexCon

    Legals regarding unregistered land.

    Hi, Just for clarification it is not the law in Victoria that a developer can vary the size of a lot by 10% in an unregistered plan of subdivision. Section 9AC of the Sale Of Land Act allows changes unless it 'materially affects' the purchaser. The 10% is just a "rule of thumb" and is...
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