ACT contract review

AI Contract Review for Australian Capital Territory Buyers

The ACT is unusual in that all residential land is held under Crown lease (a 99-year lease from the Commonwealth). The Civil Law (Sale of Residential Property) Act 2003 requires the seller to obtain and provide a comprehensive set of documents before listing the property. Realestate Lens reviews the contract and the seller’s required documents together.

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Documents covered

What we read in ACT

Realestate Lens reviews every document attached to a typical Australian Capital Territory property contract.

Contract for Sale

Standard ACT contract including general and special conditions.

Crown lease

Terms of the lease including permitted use and improvements.

Building and pest inspection report

ACT sellers must commission and provide a building and compliance inspection.

Energy Efficiency Rating (EER) statement

Mandatory disclosure of the property’s star rating.

Unit title disclosure

Where applicable, owners corporation budget, levies, and resolutions.

Title search and Crown lease purposes clause

Permitted use of the property under the Crown lease.

Common risks

What we flag in ACT contracts

Issues we routinely surface for buyers in Australian Capital Territory.

Crown lease purpose clause restrictions

ACT properties are leased under a Crown lease that specifies permitted use. We flag where the lease purpose limits a buyer’s renovation, subdivision, or use intentions.

Building inspection issues

Sellers must provide a building inspection report. We extract major defects, asbestos findings, and compliance issues and flag them clearly.

Energy Efficiency Rating

ACT requires disclosure of the EER. We extract the rating and flag where it is low (1-2 stars), which can mean significant heating and cooling costs.

Unit title disclosure

Where the property is on a unit title, we extract the owners corporation budget, levies, sinking fund, and any disclosed disputes.

Cooling-off in ACT

5 business days from the day the buyer becomes contractually bound. 0.25% of purchase price forfeited if exercised. Cooling-off does NOT apply at auction or where the buyer has given the seller a written waiver after independent legal advice.

Relevant legislation

Civil Law (Sale of Residential Property) Act 2003 (ACT), Civil Law (Sale of Residential Property) Regulation 2004 (ACT), Unit Titles (Management) Act 2011 (ACT).

Example issues found in ACT contracts

Real-world examples the AI risk framework looks for. Every one of these has been flagged in at least one buyer’s report.

  • Crown lease purpose limited to single-dwelling residential use, blocking subdivision plans
  • Seller’s building inspection report flagging asbestos in the eaves
  • EER of 1 star in a top-floor apartment
  • Owners corporation special levy resolved at the most recent EGM but not in the budget
  • Cooling-off waiver presented at the same time as the contract for signing

ACT contract review FAQ

All residential land in the ACT is leased from the Commonwealth under a 99-year Crown lease. The lease specifies the permitted use of the land. We flag where the lease purpose clause restricts what a buyer might want to do with the property, for example, prohibiting a second dwelling, dual occupancy, or commercial use.

Yes. ACT sellers must provide a building and compliance inspection. We extract major defects, asbestos and other hazardous materials findings, and any compliance issues that could trigger remediation costs after settlement.

Buyers in the ACT have 5 business days. 0.25% of the purchase price is forfeited if cooling-off is exercised. Auction sales and contracts following a written waiver after independent advice are excluded.

Reviewing a contract in another state?

Realestate Lens supports every Australian state and territory.

Not legal advice

Realestate Lens is a first-pass risk report designed to help you ask better questions of a Australian Capital Territory solicitor or conveyancer. Always have your contract reviewed by a qualified practitioner before exchange. See how we handle your contract and AI vs solicitor, what each is for.

Review your ACT contract before you sign

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