Topics

In this informative session Lawcover specialist Peter Moran shares his expertise and examines recent cases to highlight best practices and practical steps for conveyancing practitioners to mitigate potential risks and pitfalls. 

Stay confident and safeguard both yourself and your clients from negligence claims, no matter how complex the transaction may be.

Property law lecturer Mike Devitt looks at recent conveyancing case law decisions from a risk management perspective and discusses where the actions of the legal practitioner(s) involved in the conveyancing transaction may have led to the dispute between the parties and how these matters could have been handled differently.  Lessons on what not to do.

Strata specialist Gerard Doyle takes a look at some common but problematic aspects of conveying strata properties including discussions around:

1. s.184 certificates - what they do and don't disclose.  What points practitioners should watch out for and what further enquiries may be necessary.

2. By-laws - including a review of by-laws, the enforceability of by-laws, how to advise clients appropriately

3. Strata inspection reports – how to review and advise

4. Off the plan contracts - a look at some issues particularly associate OTP contracts for strata properties.

In this session AML/CTF expert Neil Jeans  will provide an overview of the recent changes to Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) federal legislation and will discuss the key amendments, clarify obligations, and offer practical guidance on compliance and provide some suggestions to prepare your business for the upcoming changes. 

Our final session looks at recent changes at Revenue NSW which may impact on your conveyancing files and how you, the customer, interact with RNSW. 

The session will highlight the work undertaken recently in the Property Professional Resource Centre including the Contract for Sale of Land Guide and the Surcharge Purchaser Duty decision tree.

Their technical representative will cover an overview of Options including the Liability of an Option, Grant of an Option and the Duty payable on the exercise of an Option as well as Section 274 & 68 updates.

The Land Tax update will consist of a general update to rates and thresholds, principal place of resident changes, Clearance Certificates and a reminder with Foreign Owner Surcharge.