1. What interests in land or rights in equity does a purchaser have under a valid contract of sale before their transfer is registered? (3 marks)
2. Where both parties to a conveyance are represented by solicitors, at what stage do they normally become bound to proceed? What is legally needed to demonstrate that those parties are bound? (3 marks)
3. If there is an existing contract for sale of land on foot but which may be invalid or able to be rescinded or terminated, what risks does a vendor (and their solicitor) run by entering into a second contract for sale (say for a much higher price).
4. List 5 exceptions to indefeasibility not expressly mentioned in Real Property Act 1900 (NSW) (5 marks)
5. What are the 4 essential components to the valid creation of either an easement or covenant in NSW, and where are they set out? (5 marks)