Property Law Intensive
Start time 16 Jun 2020 9:00am (Australia - Melbourne)
End time 16 Jun 2020 12:15pm (Australia - Melbourne)
Location Leo Cussen Centre For Law
Catering Not Included
Designed for Legal Practioners
Product Code I20019
CPD Units:

Substantive Law: 3.0
(includes GST)

Property Law Intensive

16 Jun 2020 9:00am - 16 Jun 2020 12:15pm (Australia - Melbourne)
Leo Cussen Centre For Law

Alert! COVID-19: The Commercial Tenancies Code 

This session will discuss the National Cabinet Mandatory Code of Conduct (Commercial Tenancies Code) and the impact this will have on the right and obligations of landlords and tenants.  This session will discuss issues including:

  • National Cabinet Mandatory Code of Conduct (Commercial Tenancies Code) and the new COVID-19 Omnibus Act and Regulations;
  • Tips for negotiating under the Commercial Tenancies Code to get the best result for your client;
  • Reviewing lease documents including how will lease extension provisions continue to operate, exclusion clauses, variations of existing leases and checking for risk and exposure;
  • Granting rent relief and annual rent increases;
  • Binding Mediation Process and the Small Business Commissioner;
  • Will this Code remain beyond COVID-19?

This session will include new updates up to the commencement of this seminar.

Witnessing Documents for Property Lawyers COVID-19 

This session will discuss the new approaches and measures introduced to the witnessing of documents during COVID-19. This session will discuss issues including:

  • Contract of Sale Signatures;
  • Mortgage Witnessing;
  • VOI and the VOI Standard;
  • Statutory Declarations;
  • Risk management issues; and
  • General practice matters.

Buying and Selling Property During COVID-19 – Risky Business 

As the property market continues to falter in the face of the current economic crisis, the conveyancing process also faces an unusually tougher test than normal. As the unemployment rate increases, current settlement transactions may be affected or unexpectedly delayed. As lockdown requirements remain in place and the coronavirus lingers, isolation or ill health may prevent transactions from being signed or finance granted.

This session will discuss the risks and implications on buying and selling a property when things go wrong, including:

  • Consequences of a purchaser unable to settle;
  • Consequences of a vendor unable to settle;
  • How Contracts may be drafter to provide better protection for a purchaser or vendor in the case of default;

This session will also discuss the impact that COVID-19 has had on the property market and the potential impact on the short and long term future for property law practitioners.

What Else Is New? What’s Happening to Property Law ‘On The Edge’ of the COVID-19 Bubble? 

In light of the COVID-19 crisis, there is a daily focus on the effect that changes to laws will have the on the immediate and long-term impact on clients and practitioners alike. However, it can be difficult to keep up with both the ongoing changes as well as other changes which may not be at the forefront of every practitioners mind, but will still impact clients during the ordinary course of business.

This session will discuss what is happening on the ‘edges’ of the COVID-19 bubble, including:

  • Land tax deferral announced on 21 March 2020;
  • Land tax reduction for land subject to commercial and residential leases, announced on 15 April 2020;
  • Amendment to the Foreign Acquisitions and Takeovers Regulation 2015 (Cth) relating to landlords and tenants;
  • Amendment to the Sale of Land Act (Vic) requiring a Vendor to disclose ‘material facts’ about a property, taking effect from 1 March 2020
  • And more.