In this issue

1. The Bright-line Test
2. Look Before you Leap into a Contract
3. Property Briefs

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FEATURE ARTICLE

The Bright-line Test

In our Winter edition (page 4) we noted the government’s proposed property taxation changes and ‘bright-line’ test. The legislation has now come into force and those changes are in effect; both parties to an Agreement for Sale and Purchase of Real Estate dated on or after 1 October 2015 need to be aware of their new obligations.