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- W3044603320 abstract "A failure to comply with the obligation in s 408 will allow the buyer to rescind the contract at any time prior to settlement or the buyer entering into possession of the property. This statutory obligation is further supported by a contractual warranty in the standard REIQ Contracts of Sale to the effect that at the time of contract the seller is not ‘aware of any facts or circumstances’ that may lead to the land on which the unit is located being classified as contaminated within the meaning of the EPA. The case of Curtain v Kirk [2019] QSC 317 is a salient reminder to both sellers and buyers of the need to search the EMR and CLR prior to, in the case of the seller, and shortly after contract, in the case of the buyer. If the buyer in this case had conducted a search either prior to or immediately after entering the contract the recording of the land on the EMR would ,come to light earlier allowing the buyer to make a decision whether to proceed prior to taking possession." @default.
- W3044603320 created "2020-07-29" @default.
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- W3044603320 date "2020-04-01" @default.
- W3044603320 modified "2023-09-26" @default.
- W3044603320 title "Seller who failed to inquire is ‘not aware’ of contamination – a cautionary tale for buyers who refuse to search" @default.
- W3044603320 hasPublicationYear "2020" @default.
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