PART 2Key concepts

CHAPTER 2Provision about particular transactions

General rules for contracts requiring conveyance

8Contract and conveyance

(1)

This section applies where a contract for a land transaction is entered into under which the transaction is to be completed by a conveyance.

(2)

A person is not regarded as entering into a land transaction by reason of entering into the contract.

(3)

But see sections 9 and 10.