On 20 March 2023 Despina Priala and Michael Lawrence had the pleasure of presenting a webinar on 'Challenges to Off the Plan Contracts - A Changing Landscape' for TEN, The Education Network, Leaders in Online CPD for Law.
This webinar offers invaluable information to any lawyer who practices in the off the plan arena, particularly focusing on a very hot topic at the moment which is not really talked about much - termination for convenience clauses in off the plan contracts.
Whether you act for developers or buyers in off the plan, this presentation is for you. With the CPD year almost up I highly recommend you view this webinar.
In the last twelve months, drastic changes to the Queensland property landscape have been felt among builders and developers. A dramatic increase of values as well as cost for building materials and labour along with global events impacting our economy have all played their part in projects being shelved or delayed. Many off-the-plan contracts now face uncertain futures due to these unexpected shifts. This practical session examines the key challenges property lawyers face when navigating off-the-plan contracts, with a focus on the rise of ‘termination for convenience’ clauses, including:
- Off-the-plan contracts and the current framework
- Spotlight on ‘termination for convenience’ clauses within OTP contracts
- Tips for developers and buyers moving forward
- OTP contracts and the role of the unfair contracts provisions under the ACL
- Recent trends and lessons from cases
Posted By despina-priala
Despina Priala has practised in property and commercial law on the Gold Coast for over 25 years and has extensive experience in this area.
Updated : 12th May 2023 | Words : 238 | Views : 149
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