Expired Court Memorandums
Posted: Sun 08 Dec 2019 9:10 am
For those that have received a court judgement in relation to a property issue over the last few years and their lawyer has registered a memorandum against the judgment, this may be of interest to you.
Memorandums when registered last for two years. After the two years they need to be renewed on an annual basis. Unfortunately, for various reasons this "renewal" process has not been carried out by some of the lawyers so they have lapsed. The good news for anyone in that position is that the government has issued an amnesty for those in that position. I know for a fact that a lot of AGA/Gary Robb buyers are in that position. This law was published in the government gazette a few weeks ago.
I would recommend that anyone who has concerns, should contact their lawyer to confirm the status of their memorandum as soon as possible and issue instructions if necessary.
Memorandums when registered last for two years. After the two years they need to be renewed on an annual basis. Unfortunately, for various reasons this "renewal" process has not been carried out by some of the lawyers so they have lapsed. The good news for anyone in that position is that the government has issued an amnesty for those in that position. I know for a fact that a lot of AGA/Gary Robb buyers are in that position. This law was published in the government gazette a few weeks ago.
I would recommend that anyone who has concerns, should contact their lawyer to confirm the status of their memorandum as soon as possible and issue instructions if necessary.