What does this mean if I want to sell my house?
Once groundwater is prohibited in an area future purchasers of properties will be made aware of the groundwater prohibition via the Form 1 statement provided to prospective buyers at the time of sale.
This informs future purchasers that existing groundwater bores are no longer able to be used and no future bores can be installed at the property.
The Form 1 statement is required to be provided by a vendor (usually through the real estate agent or conveyancer) to a prospective buyer under Section 7 of the Land and Business (Sale and Conveyancing) Act 1994.
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