Agreement Under Section 173 Of The Planning And Environment Act 1987

Rose Lawyer and Conveyancers are experts in all types of real estate business. Whether you need a Section 173 agreement or want to change the agreement for a property you`ve purchased, Rose Lawyers can help. If you are working from the Council`s submission agreement, it is helpful for your lawyer to also verify this, as each ownership issue will be different. The objective of an agreement is to facilitate the achievement of planning objectives for a given area or land than is possible by invoking other legal mechanisms. As with other agreements, a Section 173 agreement is a legal contract. However, the advantage of a Section 173 agreement is that it can be listed on the land, so that the owner`s obligations under the contract bind the future owners and occupants of the land. A Section 173 agreement can also be applied in the same way as an authorization condition or planning scheme. Under the Planning and Environment Act 1987, a council may limit how a parts separator will use national use in the future. Some have been found together in these agreements: as long as the Council and the owner (or future owner) of the land are part of the agreement, other organizations or individuals may also be involved in the agreement. This may include: depending on the complexity of the agreement, the amendment/end proposal is dealt with by Council officials and may be referred to Council lawyers if necessary. The Commission must ask the Registrar of Titles to record a property agreement pursuant to Section 173. Before the contract can be registered, anyone who has given a mortgage on the country must also accept that it is registered.

This may include a bank or financial institution. In the section 173 agreement, it may end. Typically, it`s when something happens or on a given date. If it does not say when it will end, it can only be lifted if anyone party to the Agreement agrees to amend it. Some councils have their own in-house lawyer who can prepare the agreement for you for a fee. For example, Frankston City Council offers this service. Alternatively, you can use a lawyer you choose to develop the agreement.

Comments are closed.