William Gubbins

Sunset clauses and off-the-plan contracts – clouds on the horizon for developers

Sunset clauses and off-the-plan contracts – clouds on the horizon for developers

The Victorian Government has introduced the Sale of Land Amendment Bill 2019 (Bill) to Parliament, which proposes to amend the Sale of Land Act 1962 (Vic) (Act). The Bill, if passed, will affect vendors under existing and future off-the-plan contracts.