Buying a property 'off the plan' means committing to the purchase of a property not yet built, based on the building plans.
Buying a property 'off the plan' means committing to the purchase of a property not yet built, based on the building plans.
The law protects parties to property transactions from deceptive conduct. Section 18 of the Australian Consumer Law prohibits a person in trade or commerce participating in conduct that is misleading or deceptive or likely to mislead or deceive.
This provision spans a wide range of conduct across all industries and has been the subject of many cases and judgments.
This post looks at misleading and deceptive conduct specifically in relation to property transactions and can hopefully give an overview of the type of conduct that is prohibited under the law in relation to property transactions.
Many apartments and townhouses in NSW are subject to Strata Title.
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