From Defects to Due Diligence: NSW’s New Legislation Is a Step Toward a Safer Property Market
It’s no secret that NSW has faced some real challenges in the building and property space — from defective apartment towers to inconsistent industry standards and a conveyancing landscape that hasn’t kept pace with modern expectations. These issues don’t just affect buyers and sellers; they impact confidence, affordability, and trust across our entire community.
That’s why the NSW Government’s latest legislative reforms are such a meaningful step forward.
The new amendments aimed at strengthening the building, property, and conveyancing sector aren’t just bureaucratic updates — they’re a direct response to the real problems people have been living with for years. We’re seeing:
🔹 Stronger consumer protections
🔹 Clearer regulatory powers
🔹 Modernised licensing frameworks
🔹 Better accountability for industry professionals
🔹 More transparency for buyers and owners
As a property lawyer, this excites me. These reforms matter. They help rebuild trust in the system, protect everyday people from unnecessary risk, and lift the standards of an industry that plays a huge role in people’s financial security and quality of life.
Legislation alone won’t fix everything — but it’s a powerful foundation. And when combined with proper legal guidance, due diligence, and informed decision‑making, it creates a safer, more reliable property market for everyone.
If you’re buying, selling, or navigating the strata world, now is the time to have the right support around you. The landscape is changing, and understanding your rights and obligations has never been more important.
Renee Roumanos Legal — here to guide you through every step of your property journey.
Closing Loopholes and Strengthening Oversight
One of the most impactful elements of the Bill is its focus on enforcement. Regulators will now have clearer, stronger powers to:
Take disciplinary action against non‑compliant licensees
Refuse or cancel licences where operators are unsuitable
Enforce compliance across the building and property sectors
Improve oversight of conveyancers, certifiers, and other licensed professionals
This is a critical step in ensuring that only qualified, ethical, and compliant operators remain in the industry.
A Better Future for Buyers, Owners and the Community
These reforms don’t just tidy up legislation — they address the real issues affecting everyday people:
Buildings with hidden defects
Owners facing unexpected financial burdens
Buyers navigating unclear or inconsistent information
Communities losing confidence in the safety and quality of new developments
By strengthening the regulatory framework, the Bill helps rebuild trust and creates a safer, more reliable property market.
Why This Matters to Me as a Property Lawyer
I see the consequences of poor regulation and inadequate consumer protection every day. I see buyers overwhelmed by complex strata issues, owners blindsided by defects, and sellers navigating a system that hasn’t always worked in their favour.
So yes — this legislation excites me.
It signals a shift toward a more transparent, accountable, and consumer‑focused property landscape. It gives regulators the tools they need to enforce standards. And it gives buyers and owners greater confidence that the system is working for them, not against them.
At Renee Roumanos Legal, we guide you through every step of your property journey — from contract reviews to strata due diligence, settlement, and beyond. We help you make informed decisions, minimise risk, and protect your investment with clarity and confidence.
Renee Roumanos Legal — call us for your property needs.
