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Understanding Climate Risks for Real Estate Transactions in New South Wales

Legal Opinion: Do Real Estate Lawyers in NSW Owe Their Clients a Duty of Care to Advise and Warn in Relation to Climate Risk?


Conveyancers and real estate lawyers play a central role in advising their client on any risks with their planned home or investment asset. Going forward, climate change represents perhaps the single greatest risk to both property values and peace of mind. 

We commissioned Norton Rose Fulbright, the pre-eminent environmental law practice in Australia, to consider the duty of care and other factors for NSW legal professionals. Their findings, which are being considered by the Australian Law Commission and NSW Law Society, are available exclusively through Groundsure.


Understanding the Climate Challenge

The climate is fundamentally changing our lives, communities and businesses. It has gone beyond being a fringe, scientific discussion to one that could become existential or overwhelm people’s livelihoods. We are already familiar with the catastrophic flooding and bushfires in recent years, but the scale of Australian real estate affected and the financial losses are huge.

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Would you like to contact an expert?

Help is at hand from our conveyancing climate risk experts. We will respond promptly to any queries about a report outcome or how to translate report findings to your client. We also offer training through webinars on how to report to clients effectively.

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