sec.212Provision about settlement taken to be included in contract

sec.212 Provision about settlement taken to be included in contract

This section applies to a contract entered into by a person (the seller ) with another person (the buyer ) for the sale to the buyer of a lot intended to come into existence as a lot included in a community titles scheme when the scheme is established or changed. The contract is taken to include a term (the deemed term ) providing that, despite any other term of the contract, settlement must not take place earlier than 14 days after the seller gives advice to the buyer that the scheme has been established or changed. The deemed term has priority over any other term of the contract relating to settlement. Without limiting subsection (3) , any notice the seller gives to the buyer is void to the extent it is inconsistent with the deemed term. s 212 prev s 212 amd 2001 No. 45 s 29 sch 3 om 2003 No. 6 s 87 pres s 212 amd 1997 No. 78 s 17 sub 2009 No. 20 s 3 (sec.212-ssec.1) This section applies to a contract entered into by a person (the seller ) with another person (the buyer ) for the sale to the buyer of a lot intended to come into existence as a lot included in a community titles scheme when the scheme is established or changed. (sec.212-ssec.2) The contract is taken to include a term (the deemed term ) providing that, despite any other term of the contract, settlement must not take place earlier than 14 days after the seller gives advice to the buyer that the scheme has been established or changed. (sec.212-ssec.3) The deemed term has priority over any other term of the contract relating to settlement. (sec.212-ssec.4) Without limiting subsection (3) , any notice the seller gives to the buyer is void to the extent it is inconsistent with the deemed term.