News & Blog

Stay up-to-date with interesting perspectives from the team at McCabe Curwood.

Published by Marcus Andrews
Sep 15, 2017 in Property

Court questions the power to order compensation to purchasers of off-the plan contracts for rescission under sunset clauses

In a recent case before the NSW Supreme Court (352 Bourke Street Pty Limited as Trustee for 352 Bourke Street Unit Trust v Kerry Gai Rhall), Emmett J was tasked with determining the scope of the nascent “sunset date” provisions introduced in November 2015.While the case ultimately settled prior to judgment, his honour questioned whether section 66ZL of the Conveyancing Act 1919 (NSW) permitted the judiciary to award compensation to purchasers...
1 2

Get In Touch

The best relationships start with good conversation.
We are always ready to give advice, so contact us today.