Commonwealth Consolidated Acts

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BUILDING ENERGY EFFICIENCY DISCLOSURE ACT 2010 - SECT 4

Offering to sell and inviting offers to purchase a building

Offering to sell

  (1)   A person is taken to offer to sell a building if the person offers to enter into a contract under which a contingent obligation or right to sell the building would be created.

  (2)   A person is taken to continue to offer to sell a building if the person continues to offer to enter into a contract under which a contingent obligation or right to sell the building would be created.

Inviting offers to purchase

  (3)   A person is taken to invite an offer to purchase a building if the person invites an offer to enter into a contract under which a contingent obligation or right to purchase the building would be created.

  (4)   A person is taken to continue to invite an offer to purchase a building if the person continues to invite an offer to enter into a contract under which a contingent obligation or right to purchase the building would be created.


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