Section 66K — Conveyancing Act 1919 (NSW)

(1) The risk in respect of damage to land shall not pass to the purchaser under a contract for the sale of the land until—
(a) the completion of the sale, or
(b) the time stipulated by the parties to the contract, being a time after the purchaser enters into, or is entitled to enter into, possession of the land,
whichever first occurs.
(2) The reference in subsection (1) to possession of land includes a reference to—
(a) the occupation of the land (whether pursuant to a licence or otherwise) pending completion of the sale of the land, and
(b) the receipt of income from the land.

Related sections

• s 66H — Trustee on statutory trusts for sale or partition to consult persons interested
• s 66I — Right of co-owners to bid at sale under statutory power of sale
• s 66J — Definitions
• s 66L — Power to rescind contract where land substantially damaged
• s 66M — Abatement of purchase price where land damaged
• s 66N — Refusal to enforce specific performance against vendor

Research how courts apply s 66K

BriefBridge searches NSW and High Court caselaw by meaning — every answer cited to the paragraph.