New South Wales Consolidated Acts

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STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 79

Signing and lodging strata development contract and amendments

79 Signing and lodging strata development contract and amendments

(1) The Registrar-General may register a strata development contract, or an amendment of a strata development contract, only if the contract or amendment is signed by all of the following--
(a) the developer for the development lot,
(b) each registered mortgagee, chargee, covenant chargee and lessee of the development lot,
(c) each registered mortgagee and chargee of a lease of the development lot,
(d) if the contract or amendment relates to a leasehold strata scheme--the lessor of the scheme,
(e) if the amendment is required, under section 84, to be supported by any resolution of the owners corporation of the strata scheme--the owners corporation.
(2) A strata development contract, or an amendment of a strata development contract, must be lodged with the certificate required under section 75 (2) or 84 (7).
(3) The Registrar-General may refuse to register a strata development contract or an amendment of a strata development contract if written consent to the registration has not been lodged and signed by any one or more of the following that the Registrar-General determines--
(a) the judgment creditor under any writ recorded in the folio for the development lot,
(b) the lessee of any common property in the strata scheme,
(c) the caveator under a caveat affecting any estate or interest in the development lot.
(4) The same person may be more than one of the parties to a strata development contract.



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