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Consumer Property Acts Review Issues Paper 2 – Owners Corporations

Consumer Property Acts Review Issues Paper 2 – Owners Corporations

By LIV Media

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In August 2016, the Minister for Consumer Affairs, Gaming and Liquor Regulation, the Honourable Jane Garrett MP, announced a general review of Victoria’s real estate and related legislation. The review examines four key pieces of real estate and property legislation: the Sale of Land Act 1962 (Vic), the Estate Agents Act 1980 (Vic), the Owners Corporations Act 2006 (Vic) and the Conveyancers Act 2006 (Vic). The objectives of the review are to:

  • assess the four Acts to identify improvements that could be made to the legislation;
  • examine the efficiency and effectiveness of the regulatory arrangements governing the conduct of licensed practitioners involved in the sale of land, real estate transactions and the management of owners corporations; and
  • recommend necessary amendments to improve the operation of legislative arrangements set in place by these Acts.

The Law Institute of Victoria (LIV) provided preliminary comments to Consumer Affairs Victoria (CAV) regarding the review in late 2015 and responded to CAV’s Issues Paper 1 on the conduct of and institutional arrangements for estate agents, conveyancers and owners corporation managers in March 2016.

The LIV welcomes the opportunity to continue its contributions to CAV’s review. This submission contains the LIV’s response to the questions in CAV’s Issues Paper 2, which focuses on owners corporations.

View the full submission (PDF)


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