Essential guide to buying and selling real property (NSW)
The changing landscape in real property transaction urges practitioners to be on top of the most recent updates. Join this essential two-day live webinar to gain knowledge on the contract, risk and recent developments in buying and selling real property.
Walk away with skills you can apply in your practice to successfully assist your clients on a residential sale/purchase of land.
At the end of this program you will gain an understanding of:
- The current standard contract for property transactions and the compilation of the contract
- How to identify whether an enforceable contract exists
- How to successfully interpret client instructions and translate them into contractual terms
- How to undertake an electronic verification of identity (VOI) standard and how to explain the effect of a client authorisation
- The tax implications that apply to property law transactions including the CGT withholding and GST at settlement measure
- The responsibility for vendor disclosure throughout a transaction
- Risk management in property transactions, the traps to avoid and lessons from recent cases.
The expert facilitator is:
- Katelin Whitley, Principal, Bestic Law, Accredited Specialist in Property Law and Accredited Specialist in Wills and Estates
Feedback from past attendees:
- “Excellent workshop, appreciated the wealth of knowledge and experience”
- Highly relevant material and a great training overall”
- “Presenter was exceptional, well informed and engaging. The course was well presented. Use of case studies and scenarios helped explain the content”
- “Content and case law were relevant and up to date, great format and well-paced delivery”
At the end of this live webinar, you will earn 6.5 CPD points.
Course Outline
Day 1 - Thursday, 7 November 2024
9.00am: Introduction and recent developments
10.00am: Stretch break
10.05am: Contract for sale and purchase of land – 2022 edition
11.05am: Stretch break
11.10am: Electronic signatures and verification of identify (VOI)
11.40am: Electronic conveyancing
- Client authorisation
- Compiling the contract
- Priority notices
- Certifications
- Right to deal
- Attribution rule
12.30pm: Close
Day 2 - Friday, 8 November 2024
9.00am: Welcome and introduction
9.05am: Vendor disclosure requirements
10.00am: Stretch break
10.05am: Tax considerations in conveyancing – GST, CGT and stamp duty
11.05am: Stretch break
11.10am: Contract law elements and remedies
12.00pm: Risk management in property transactions
12.30pm: Close
The webinar is ideal for practitioners new to the practice of property law, solicitors in general practice, commercial property lawyers, conveyancing specialists, senior executives of financial & property corporations.
This webinar is produced in NSW and features a NSW-based practitioner. This webinar is available to all NSW based practitioners.
If you intend to claim CPD units for this educational activity, please note that CPD activities are not accredited by the Law Society of NSW or any other equivalent local authority, with the exception of Western Australia. If you hold a practising certificate in a state or territory other than Western Australia and this educational activity extends your knowledge and skills in areas that are relevant to your practice needs or professional development, then you should claim one (1) "unit” for each hour of attendance, refreshment breaks not included. The annual requirement is ten (10) CPD units each year from 1 April to 31 March. Some practitioners, such as accredited specialists are required to complete more than ten (10) units each CPD year.
All times listed for this course are Australian Eastern Daylight Savings Time (AEDT). Please take note of any time differences if you are registering from QLD, WA, SA, NT or from outside Australia.
Practitioners holding WA practising certificates are not eligible to earn CPD points for this course.
The program covers the mandatory requirements of Professional Skills – 5 points, Substantive Law – 1 point, and Practice Management and Business Skills – 0.5 point
Katelin Whitley
Principal, Bestic Law, Accredited Specialist, Wills & Estates and Accredited Specialist in Property Law
Katelin Whitley is the principal of Bestic Law located in Sydney and the Hunter Valley and practises primarily in succession and trust matters. She was admitted to practice in 2001 and was recognised by the NSW Law Society as an Accredited Wills and Estates Specialist in 2011 and as an Accredited Property Law Specialist in 2021.
She has considerable experience advising and acting on contested estate litigation including lack of testamentary capacity and undue influence cases, family provision claims, construction of will litigation, and application of the Forfeiture Act. Katelin has represented estates, applicants, and beneficiaries.
She works on both simple and high level estate planning and acts on estate administrations including for large and complex estates.
Katelin has been lecturing in the College of Law Wills & Estates Master of Law Program since 2017. She completed her Master of Laws at the University of Sydney and Master of Forensic Mental Health in the UNSW School of Psychiatry. She was a member of the Law Society of NSW's Elder Law and Succession Committee from 2012 to 2022 and a member of the Law Society's Accredited Specialists Committee from 2022 to 2024.