Residential Settlements

Settlement agents’ board gets the axe

Streamlined advisory framework announced This just in from The Australian Institute of Conveyancers. Commerce Minister Troy Buswell today announced fewer licensing and advisory boards would govern the property industry as part of a broader move to slash red tape. A smaller committee of industry and consumer representatives would be formed so that the property industry …

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Residential Settlements

Exemptions for Installing RCD’s and Smoke Alarms in newly settled properties

From October 1st 2009 mains powered smoke alarms must be fitted in all existing residential buildings prior to sale. These requirements are mandatory under the Building Amendment Regulations 2009. An exemption to this can be obtained when the buyer will be demolishing the property. A specified date for demolition must be nominated and this date …

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