Powered by LEGALMART

HOME | ABOUT US | CONTACT US | MY ACCOUNT


New Page 2


 
HOME | LEGAL INFORMATION | CONVEYANCING - NSW | UNDERGROUND CABLES - LET THE BUYER...

Underground Cables - Let the Buyer beware


This information has been provided by Australian law firm, Australian Conveyancing Services and is applicable in New South Wales only.

In the last 10 years we have seen a surge in communication services, including the Internet, more mobile phones and pay TV. All of these communications are serviced by underground cables, so their presence in residential back yards are also increasing.

The standard conveyancing searches carried out by Solicitors for the Buyer of a property will not discover the existence of any underground cables. This is because communications carriers have special powers granted under the Telecommunications Act which permits them to lay cables without the need to take out easements which show on Title Deeds. 

The carrier who wants to lay cables over private property, must notify the Owner of the property and compensate that Owner for any loss that they suffer as a result of the installation. But subsequent owners do not get any compensation and do not need to be notified by the Carrier of the cable’s existence. 

With the presence of cables affecting property now estimated to be 3-5% and growing, it is recommended that property buyers (or owners wanting to do work on their property) conduct an underground Telco search as part of their searching procedure. (Statistic quoted from Pronet Consulting, Telco searchers). 

The cost of finding underground cables on your property after settlement can be very high:
Get a Telco search done. The costs is $55.00 but it protects a major investment. The best time to do the search is before you sign a Contract.
  • If you dig it up, then you’re up for the repair bill or worse
  • You are restricted in what you can do over that part of your property
  • The Carrier has the right to enter to maintain and repair their cable

Getting the cable relocated is one option, but this can be expensive.

New Page 2

BROWSE OTHER TOPICS:

Selling a Property - Legal requirements

Preparing the Contract of Sale - Seller must 'bare all'

Sales Methods - Pros & Cons

The Agent - Commission, Expenses and Agreements

Owner-Builders and the Home Building Act

When does a Seller have a definite Contract

Strata Title - Tips for Sellers

Selling a Property with Tenants in it

Insurance - Guidance and Tips for the Seller

Vendor Duty

Vendor Duty abolished from 02/08/05

House rules for capital gains

Smoke Alarms - new laws for NSW Property Owners

Purchasing a Property - Legal requirements

The Deposit - A Buyer's Guide

When can the Buyer change their mind?

Joint Tenants vs Tenants in Common

Stamp Duty

Strata Title - Buying into a Family

Insurance - Guidelines and Tips for the Buyer

Buying a Property with Tenants in it

Underground Cables - Let the Buyer beware

Property Searches - How many?  How much?

House rules for capital gains

Smoke Alarms - new laws for Property Owners

New Page 2