I believe that some clever legal minds will devise some form of off plan ‘put and call’ style of agreement that operates outside of the Conveyancing Act and therefore may be drafted to essentially re-instate a form of sunset provision.
The Victorian government will review four pieces of property legislation: the Estate Agents Act 1980, Sale of Land Act 1962, Conveyancers Act 2006 and Owners Corporations Act 2006.
