Are by-laws legally binding in NSW?
Yes. Registered strata by-laws are legally binding on lot owners, occupiers and the owners corporation in NSW. However, a by-law must comply with the Strata Schemes Management Act 2015 (NSW)...
Read MoreWhat are by-laws, and which ones do I need?
By-laws are the legally enforceable rules that regulate how a strata scheme operates. In NSW, they cover matters such as noise, pets, parking, renovations and the use of common property....
Read MoreWhat is a strata title?
A strata title is a form of property ownership in NSW where you own an individual lot, such as an apartment, townhouse or commercial unit, and also share ownership of...
Read MoreWhat happens if the development transaction changes or does not proceed?
If circumstances change after a contract is drafted, our commercial property lawyers can provide advice on termination and exit rights, assist with contract variations or unwind options, and offer strategic...
Read MoreWhat is an option deed in property development?
An option deed is a legal agreement that gives one party the right to purchase a property at a later date, often subject to certain conditions. Commercial property lawyers frequently...
Read MoreHow are planning and funding risks managed in development contracts?
Planning and funding risks are typically addressed through carefully drafted special conditions, conditions precedent and staged transaction structures. An experienced commercial property solicitor can structure the contract to minimise uncertainty...
Read MoreCan you assist with option deeds and delayed settlement structures?
Yes. Our commercial development lawyers regularly prepare option deeds, including put and call options, as well as delayed or conditional settlement structures. These arrangements can provide flexibility for developers while...
Read MoreDo I need a bespoke contract for a property development transaction?
In many cases, yes. Standard property contracts are often not suitable for development projects, particularly where planning approvals, funding arrangements or staged settlements are involved. Our property development solicitors can...
Read MoreWhen should a lawyer be involved in a development transaction?
It is generally beneficial to involve a property development lawyer as early as possible in the transaction process. Early legal involvement allows your lawyer to review the proposed deal structure,...
Read MoreHow much does a commercial property lawyer cost?
The cost of a commercial property lawyer depends on the type and complexity of the transaction. Factors such as whether you are buying or selling, the property value, existing leases,...
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