Monday, October 26, 2020

Body Corporate And Community Management Act 1997

Chapter 5
Part 2
Division 2
Section 212A

Buyer may terminate if there is no proposed community management statement | Section 212A

(1)This section applies to a contract entered into by a person with another person (the buyer) for the sale to the buyer of a lot intended to come into existence as a lot included in a community titles scheme when the scheme is established or changed.

(2)When the contract is entered into there must be a proposed community management statement for the scheme as established or changed.

(3)The buyer may terminate the contract if—

(a)there has been a contravention of subsection (2); and

(b)the contract has not already been settled.

© Sourced from the Queensland Legislation website at 1 April 2020. For the latest information on Queensland Government legislation please go to https://www.legislation.qld.gov.au.

Disclaimer: Reproduced from the Body Corporate and Community Management Act 1997. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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