Categories for Commerce

Developers take heed. Update to changes to the Sale of Land Act- means some extra protection for buyers, where property is not yet owned by the developer.

4/5/2017
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Update to e-Bulletin Issue #66On 3 April 2017, the Sale of Land Amendment Act 2016 (the Act) came into effect in Western Australia.  The legislation introduces greater protections for consumers when signing sales contracts for land that is not yet owned by the developer.  Landgate have now clarified and updated information that was previously communicated which also includes variation to the Approved form of the statutory warning that must be used.  This e-Bulletin replaces issue 66 Changes to the Sale of Land Act – what...

Are you looking to buy &/ build on property near WA bush Fire prone area?

20/10/2016
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Are you aware that your build might have extra costs to meet the requirements of Bushfire Attack Level (BAL) assessment/report being obtained and being below a certain level to ensure building is less prone to bushfire loss.These requirements monitored by the local council could add thousands of dollars to your build costs. More information might be obtained here along with map of prone areas.https://www.dfes.wa.gov.au/waemergencyandriskmanagement/obrm/Pages/default.aspx ​The building standards are not retrospective. Only new class 1, 2, 3 or 10a buildings (and additions/extensions in certain...

Smoke Alarms as part of your alarm system-may not comply with electrical safety laws

1/7/2016
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The Building Commission has received a number of enquiries from home owners andproviders of residential security systems as to whether smoke alarms that are poweredthrough a home security system in dwellings subject to sale, rent or hire are compliant withthe State’s smoke alarm laws. What are the smoke alarm laws? The Building Regulations 2012 (the Regulations) in Western Australia require owners of dwellings to have compliant smoke alarms installed prior to sale, rent or hire. To comply with the Regulations,...

Electrical Safety Certificates vs Electrical Condition Reports

10/4/2016
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The National Electrical and Communications Association (NECA) have previously published information regarding the issuing of electrical safety certificates.  NECA has received confirmation via email from the Department of Commerce stating the following:“Safety certificates are not to be issued unless it is installation work as described in the Electrical (licensing) regulations 1991 section 52B. Going to a property and ensuring correct operation and that the premises complies to the legislation is not installation work. The form is an official certificate and...

Fee Deregulation – what it means to you. Beware of hidden extra fees.

2/3/2016
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As of 3rd February 2016, the regulation of Scaled Settlement Agents’ capped fee has ceased. Settlement Agents are now able to charge their worth for their services in executing the transaction. The new fee disclosure rule in found in the rule 6B & unforeseen significant change for scope of work under 6C of the Settlement Agents Code of Conduct & Act.  Removing the ‘Maximum Scale’ and de-regulating fees has allowed Settlement Agents greater flexibility to cater to the differing needs of...