Clause Search Results

requisitions on title in Western Australia property contracts

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#1Western AustraliaSpecial ClausesStrong match

Requisitions on Title

Unpacking Requisitions on Title: Your Essential Guide to Western Australia Property Contracts

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#2Australian Capital TerritorySpecial ClausesStrong match

Requisitions on Title

Understanding Requisitions on Title in an Australian Capital Territory Property Contract

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#3New South WalesSpecial ClausesStrong match

Requisitions on Title

Requisitions on Title in New South Wales: A Must-Know Guide for Property Buyers

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#4Northern TerritorySpecial ClausesStrong match

Requisitions on Title

Requisitions on Title: Protecting Your Investment in a Northern Territory Property Contract

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#5QueenslandSpecial ClausesStrong match

Requisitions on Title

Understanding Requisitions on Title in Your Queensland Property Contract

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#6South AustraliaSpecial ClausesStrong match

Requisitions on Title

Understanding Requisitions on Title in Your South Australia Property Contract

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#7TasmaniaSpecial ClausesStrong match

Requisitions on Title

Understanding Requisitions on Title in Tasmania Property Contracts

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#8VictoriaSpecial ClausesStrong match

Requisitions on Title

Unpacking Requisitions on Title in Your Victoria Property Contract: A Buyer's Guide

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#9Western AustraliaTitle & Due Diligence

Title Search

Navigating Your Western Australia Property Contract: Understanding the Critical Title Search Clause

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#10Australian Capital TerritoryTitle & Due Diligence

Title Search

Understanding the Title Search in an Australian Capital Territory Property Contract

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Search Summary

Found 167 relevant pages. The strongest matches explain what “requisitions on title” means, where the buyer risk sits, and how the clause plays out in real contracts.

Frequent Risk Signals

• Strict Time Limits: Under the REIWA Contract, buyers typically have a very short timeframe (often 10 business days from the contract date) to raise requisitions on title. Missing this deadline means you forfeit your right to question the title, accepting it "as is".
• Undisclosed Defects: If the seller fails to disclose a significant defect in the title, and the buyer misses the requisition deadline, the buyer may be stuck with an expensive problem (e.g., an unregistered easement or an outstanding council order) that could cost thousands to rectify.
• Forfeited Rights: Failure to properly raise a requisition can mean you lose the right to object to a title issue later, even if it significantly impacts the property's value or your ability to use it as intended. This is a critical buyer's risk in any Western Australia property contract.
• Settlement Delays: If requisitions are raised late or poorly, they can lead to disputes and delays in settlement, potentially incurring penalty interest for the buyer if they are at fault under the REIWA Contract.
• Legal Costs: If a buyer needs to pursue a remedy for a title issue that should have been raised via requisition, they may face significant legal costs in Western Australia's courts, especially if the issue was discoverable within the requisition period.
• Unclear Boundaries: A common issue for first-home buyers is unclear or disputed boundary lines. If not questioned through requisitions, a buyer might inherit a boundary dispute with a neighbour, potentially requiring costly surveys or legal action.

Related Searches

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