Tuesday, May 17, 2022

Body Corporate And Community Management Act 1997

Chapter 8
Part 10
Division 4
Section 422

Termination of existing contract for sale of existing lot—inaccuracy of disclosure statement | Section 422

(1)This section applies if, immediately before the commencement, a buyer may have terminated a contract under former section 209 on either of the following grounds—

(a)former section 209(1)(b)(i) applied to the contract because information contained in the disclosure statement was inaccurate in relation to a matter mentioned in former section 206(2)(b)(ii), (iii) or (iv);

(b)former section 209(1)(b)(ii) applied to the contract.

(2)Former section 209, including its application of former section 206, continues to apply to the contract.

© 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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