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Posted Dec 04, 2015 Buyers Agents -Time and Money

Are you sick of running from one open house to the next every weekend? Is your solicitor sick of reviewing Contracts week after week just for you to be out bid at Auction? There is a solution and it could save you not only time but also money. When you are looking to spend hundreds…

Posted Dec 04, 2015 Selling to a Developer? – Love thy neighbour – Super lots

The NSW State Government is rezoning areas close to Transport hubs, and you may be sitting on a gold mine. After years of living in close proximity of each other, your neighbours may be your ticket to winning the jackpot! Developers are looking to maximise the developable areas of land and are persuading owners of…

Posted Dec 02, 2015 PPSA reforms from 15 October 2015: Beware if leasing or hiring goods.

What’s changed? The definition of ‘PPS lease’ under section 13 of the Personal Property Securities Act 2009 (PPSA) has been amended. From 1 October 2015: There will no longer be a 90 day period test for the existence of a ‘PPS lease’ security interest that had previously applied to serial number goods. The period is…

Posted Dec 02, 2015 Managing Building and Engineering Contracts

In all modern construction and engineering projects, managing contracts has become crucial not only to the success of those projects but also to the maintenance of ongoing relationships between the parties. Whilst major principals and contractors have at their disposal a dedicated contracts management department, smaller contractors rarely have that luxury and either take on…

Posted Dec 02, 2015 Home Warranty Insurance and Bankrupt Builders

Kreisson acted for the owners in the recent case of The Owners – Strata Plan 80647 v WFI Insurance Limited t/as Lumley Insurance [2015] NSWSC 1161. The case involved a dispute over whether an insurer was required to indemnify the owners where a builder had been discharged from bankruptcy. The Facts In December 2013, the…