Home Sale Contract &
Document Updates
Changes to Home Sale Contracts and Documents in Australia, you can find on this page. Go to your relevant state to find the latest changes to real estate sales contracts and other supporting documents.
QLD
Title: PAMD form update
Article Date: 21/01/2008
From 4 February 2008 new versions of PAMD forms will be released which reflect the Office of Fair Trading re-integration with the Department of Justice and Attorney-General.
The content within the new PAMD forms remains largely unchanged, however a number of older style forms have been updated to reflect the standard format of the department.
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NSW
Title: Material Fact Clause
Article Date: January 2008
The extent of an agent's obligations regarding the disclosure of material facts to potential purchasers and lessees has been a matter of particular concern for some time. The concern centres on the fundamental imbalance between the respective disclosure obligations of Agents and Principals.
In order to address the issue of "material fact", a new clause has been inserted into REINSW agency agreements. The Material Fact clause operates to contractually obligate the Principal to disclose material facts to the Agent.
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