Two attempts by buyers to crash their 2007 off-the-plan apartment purchases at Mirvac’s Tennyson Reach development were ...
Reversal of fortune: Put & call options now liable to PAMDA termination
The Court of Appeal this week reversed an earlier immunity granted to developers’ put and call options with regard...
It actually hurts so it’s really not funny: Does the Minister still know what he did last month?
In a serious underestimation of the creative madness of Fair Trading Minister Peter Lawlor, this blog predicted in May t...
Leasing – all quiet but new retail disclosure statements soon
There have been no recent judicial developments in commercial leasing but there are statutory changes pending for retail...
Agents beware: New contract termination possibilities sure to be exploited
Given that the contract preparation and presentation processes under new PAMDA have been greatly simplified, lawyers are...
PAMDA contract termination spike likely before 1 October cutover: transitional rules explained
Even in its death throes, the PAMDA monster is revealing it has no intention of fading quietly. Solicitors acting for se...
Hold on a minute – shouldn’t they at least apologise over PAMDA calamity?
Fair Trading minister Peter Lawlor’s official reason – put forward in his “Explanatory Notes” to the amendin...
What new traps for agents in PAMDA process after September?
After next month, PAMDA’s new chapter 11 will only allow termination on one ground – if a buyer proves they ...
$8.5 million walk-in: Q1 penthouse sale holds against PAMDA termination threat
In April 2007 a buyer walked into a real estate office to make an offer on a Q1 Penthouse at Surfers Paradise for $8.5mi...