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Misdescriptions

This guidance note on misdescriptions provides a comprehensive overview of the critical legal issues arising when the property transferred differs from that described in the contract. It explores state-specific conveyancing requirements, common law and equitable remedies, and the interplay of statutory provisions with standard form contracts across Australian jurisdictions.

Topics Covered

  • New South Wales: Conveyancing Act and compensation regimes
  • Victoria: Property Law Act 1958 and standard contract conditions
  • Queensland: REIQ contract provisions and emerging legislative changes
  • Western Australia: Property Law Act 1969 and contract terms
  • South Australia: Land and Business Act remedies and Misrepresentation Act
  • Tasmania: Common law reliance and standard form contracts
  • Northern Territory: Law of Property Act and approved contracts
  • Australian Capital Territory: Compensation claims under ACT Law Society contract

Essential Insights

  • Understand how statutory writing and deed requirements shape conveyancing procedures nationally.
  • Assess the subtle distinctions between compensation rights and termination powers under various contracts.
  • Recognise the significance of “material” and “substantial” misdescription thresholds without fixed definitions.
  • Consider how standard form contract clauses operate to limit purchaser remedies and vendor liabilities.
  • Evaluate the impact of landmark cases such as Flight v Booth and Travinto Nominees v Vlattas on current practice.
  • Explore the complexities of old system title versus Torrens title in identifying and addressing misdescription risks.

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