New South Wales Consolidated Acts

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CONVEYANCING ACT 1919 - SCHEDULE 3

SCHEDULE 3

(Section 60)

Conditions of sale

1

This contract is made subject to the provisions of the Conveyancing Act 1919 .

2

The land is sold subject to the conditions and reservations other than quit rent in the Crown grants under which the land is held.

3

The vendor shall within twenty-one days after the date of the contract deliver to the purchaser or his or her solicitor or licensed conveyancer:

(a) as to land under the Real Property Act 1900 , or held under any Acts relating to Crown lands (except conditionally purchased land), or held under the Mining Act 1992 or the Offshore Minerals Act 1999 , particulars of title sufficient to enable the purchaser to prepare his or her transfer, and
(b) as to land conditionally purchased under the Crown Lands Acts, and all other land, a complete abstract of his or her title.

4

The purchaser shall within twenty-eight days after the delivery of such particulars of title or abstract deliver to the vendor or his or her solicitor or licensed conveyancer a statement in writing of his or her objections and requisitions (if any) to or on the title as shown by such particulars of abstract, and in this respect time shall be of the essence of the contract. In default of or subject only to any such objections and requisitions so made the purchaser shall be taken to have accepted the title.

5

No error or misdescription of the land shall annul the sale, but a compensation, if demanded in writing before the proper time for completion, shall be made to or given by the purchaser, as the case may be, the amount to be settled in case of difference in accordance with the provisions of the Arbitration Act 1902 .

6

All rates, taxes, and annual outgoings shall be paid by the vendor up to the proper time for completion, from which time they shall be paid by the purchaser, and for the purpose of this condition such rates, taxes, and outgoings shall be apportioned.



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