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Strata Series: New Requirements for Disclosure Statements for Off-The-Plan Unit Sales

Strata Series: New Requirements for Disclosure Statements for Off-The-Plan Unit Sales

Disclosure statements have been a feature of Contracts for Sale for several years now. Recent legislative reform introduces new requirements for Disclosure Statements (DS) for Off-the-Plan contracts. The new DS will need to include a broad cross section of information including information relating to the unit, entitlement, any subsidiaries, the proposed OC rules and the […]

Strata Series: New Requirements for Advertising and Selling Adaptable Housing Units

Strata Series: New Requirements for Advertising and Selling Adaptable Housing Units

As part of the reform of legislation affecting property development in the ACT, increased disclosure requirements have been introduced for adaptable housing dwellings in multi-unit developments, both class A and class B units, whether they are off-the-plan or newly built. These are often referred to as “adaptable housing units”. Wait, what reforms, you ask? These […]

Strata Series: When Does Development Legislation Reform Take Effect?

Strata Series: When Does Development Legislation Reform Take Effect?

The Unit Titles Legislation Amendment Act 2020 (the UTLAA) aims to address the issue of mixed-use development in the ACT not receiving adequately support by existing legislation, regulations and codes. With 113 pages of amendments to 13 different legislative instruments, the UTLAA covers a lot of ground. The UTLAA was notified in February 2020 indicating […]