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Conveyancing (Sale of Land) Regulation 2022
10Off the plan contracts—implied term if strata units bought off the plan
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#### 10 Off the plan contracts—implied term if strata units bought off the plan
10 Off the plan contracts—implied term if strata units bought off the plan
> For the Act, section 52A(2)(b), the term in Schedule 3, section 7 is prescribed if—
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> > (a) the contract is a contract for the sale of a lot in a strata plan or a proposed strata plan, and
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> > (b) the contract is entered into—
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> > > (i) before the date of registration of the strata plan, or
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> > > (ii) within 12 months after the date of registration, and
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> > (c) an occupation certificate is required under the [Environmental Planning and Assessment Act 1979](/view/html/inforce/current/act-1979-203), section 6.9(1)(a), and
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> > (d) the contract does not expressly provide that the vendor and the purchaser agree that—
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> > > (i) an occupation certificate will not be issued before completion of the contract in relation to the building, or part of the building, of which the lot, and any part of the building reasonably necessary to access the lot, form part, and
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> > > (ii) occupation or use of the lot will not commence before the occupation certificate is issued.