New Contract Change – Delay Event

What is a Delay Event?

The new REIQ Contracts released last week now include a provision to allow for the suspension of time as a result of a Delay Event. A Delay Event is defined in the Sixteenth Edition Contract as a tsunami, flood, cyclone, earthquake, bushfire or other act of nature, a riot, civil commotion, war, invasion of terrorist act or a threat of one of these happening or compliance with any lawful directions or order by a Government Agency. We are here to help. Please contact our office should you require any assistance.

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To learn more about New Contract Change – Delay Event today, contact Ownit Conveyancing on 1300 553 750.
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Andrew Francey


Chief Operating Officer

Andrew has over two decades experience in high growth fast moving consumer goods, agribusiness and professional services. Supporting the Ownit team to deliver on client expectations, and implementing processes to scale the organisation, is a key focus for Andrew.

Andrew is a C-Suite leader with Chairman and Board experience.  He has formal qualifications in Business, Applied Finance and AICD Company Directors Course.

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