Found 325 relevant pages. The strongest matches explain what “easement on title property contract new south wales” means, where the buyer risk sits, and how the clause plays out in real contracts.

Frequent Risk Signals

• Severe building restrictions: If you plan to build a granny flat, install a swimming pool, or extend the house, an easement strictly prohibits building over the affected area without special, often costly, approval from the local New South Wales council or utility provider.
• Unexpected demolition costs: If a previous owner illegally built a structure over a registered easement, the authority can force you to demolish it at your own expense—potentially costing tens of thousands of dollars—with zero financial compensation.
• Loss of privacy and disruption: Authorities like Sydney Water or local energy providers have the legal right to enter your property at any time to maintain or repair the infrastructure located within the easement, causing unpredictable disruption to your household.
• Limited contract termination rights: Under the standard Contract for Sale in New South Wales, an easement clearly disclosed in the attached title search does not give you the right to pull out of the purchase or claim a price reduction later, making upfront due diligence a critical buyer's risk.
• Impact on property valuation: A major easement on title can significantly reduce the usable land area, which may negatively impact your property's resale value and cause lenders to be more conservative with your mortgage approval.
• Ongoing maintenance burdens: For shared easements, such as a right of carriageway (a shared driveway), you may be legally obligated under New South Wales law to share the ongoing maintenance and repair costs with your neighbours, which can lead to unexpected financial disputes.