PROPERTY DEVELOPMENT

Increased protection to support investment in subdivided land

June 24 2016
Subdivision
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New legislation introduced to State Parliament yesterday has been hailed win-win for property buyers and developers. The release of the Sale of Land Amendment Bill 2016 supports the timely release of new subdivided lots, providing better protection for buyers and investment opportunities for developers.

Lands Minister Terry Redman said currently, developers were able to offer land for sale without first obtaining relevant approvals and titles.

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