New South Wales Consolidated Acts

RESIDENTIAL PARKS ACT 1998 - SECT 130A

130A Tribunal may value dwellings to facilitate sale

(1) The object of this section is to enable the Tribunal to assist a park owner and a resident to come to an agreement as to the value of the resident’s dwelling where there is a proposed sale of the dwelling from the resident to the park owner.

(2) The Tribunal may, by order, determine the value of the resident’s dwelling and, for that purpose, may obtain a valuation of the dwelling, or seek advice as to the valuation of the dwelling, from one or more registered valuers.

(3) An application for such an order may be made by the resident or by the park owner, or by both.

(4) The Tribunal’s determination may not have regard to the dwelling’s location.

(5) The Tribunal’s determination of the value of the resident’s dwelling is advisory only, and does not bind the resident or the park owner or affect any agreement between them for the sale of the dwelling.

(6) Any costs payable to a registered valuer for any valuation or advice provided to the Tribunal for the purposes of proceedings under this section are payable by the Tribunal, except to the extent to which the regulations provide that the parties to the proceedings are to pay such costs.

(7) The regulations may provide that the parties are to pay such costs:

(a) in such proportions as are agreed between them or, failing agreement, as are ordered by the Tribunal, or

(b) in any other manner prescribed by the regulations.

(8) In this section:
"dwelling" means a relocatable home or a registrable moveable dwelling with a rigid annexe attached to it.
"registered valuer" has the same meaning as it has in the Valuers Act 2003 .