The majority of the legal issues that arise with agreements for sale and purchase are ones that need to be considered before the parties put pen to paper. This webinar will enable attendees to better identify and understand some of these early issues and how we can avoid them.

Topics include:

• Issues with entry into an Agreement
• Purchasing entity
• Bright line
• Trust/estate considerations
• Requisition period and deposits
• Buying off the plans
• Getting the conditions right both in a residential and a rural context
• Unconsented works
• Default provisions
• Purchase price allocation rules
• GST issues
• Other issues…

The webinar will enable attendees to advise their clients in relation to entry into Agreements for Sale and Purchase and some pitfalls to avoid.

Upon satisfactory completion of this activity, you will be able to:

• Identify issues around parties entering into agreement
• Alert clients to potential issues around purchasing entity, especially where clients wish to change this (bright line)
• Provide advice around considerations for trusts entering agreements
• Ascertain what conditions are appropriate and which might fall short
• Have further understanding of the purchase price allocation rules, and when they are required
• Better advise your client on other potential issues that might arise in the course of a transaction.

Suited to:

This course will be suited to accountants, lawyers, advisors, and other professionals (foundation, intermediate) advising on or party to Agreements for Sale and Purchase for residential or rural land.

Duration: 1.00 CPD hours (55 mins plus 5 mins Q&A)

PRESENTERS

Stephanie Judd, Associate, Gallaway Cook Allan Lawyers
Stephanie is an experienced property practitioner with more than 10 years’ experience specialising predominantly in residential property transactions for private clients through to large scale developers.

Hamish Nimmo, Solicitor, Gallaway Cook Allan Lawyers
Hamish is a solicitor in the Agri/Property team at Gallaway Cook Allan advising on rural and residential transactions.