Why is the Deposit Plan 88B important in NSW?
The Deposit Plan 88B (DP 88B) is an important legal document in NSW land developments—especially in masterplanned estates—because it defines the easements, restrictions, and covenants that apply to each lot in a subdivision. It is lodged with the Land Registry Services (NSW LRS) at the time of land registration and becomes part of the title.
Why is the DP 88B Important?
1. Establishes Legal Rights & Responsibilities
DP 88B shows what rights others may have over the land, and what obligations the lot owner has. It sets out:
- Easements (e.g., for drainage, electricity, or sewer lines)
- Restrictions on Use (e.g., building setbacks, single dwelling only, no sheds over a certain size)
- Positive Covenants (e.g., maintain landscaping, build according to design guidelines)
2. Essential for Compliance Before Building
Builders and buyers must check the 88B to ensure:
- The house design complies with restrictions (e.g., no building over an easement)
- No breaches will occur that affect construction or future resale
- Any developer-imposed covenants (like fencing or facade styles) are met
3. Binding on All Future Owners
Once registered, the 88B:
- Attaches to the title
- Applies to all future owners of the lot
- Can only be removed or modified with legal processes and approvals
4. Disclosed to Buyers Before Contract
Under NSW law, the 88B instrument must be disclosed to buyers in off-the-plan contracts or sales of newly created lots. Buyers are deemed to have agreed to abide by those conditions once they sign the contract.
Summary:
DP 88B Covers | Why It Matters |
---|---|
Easements | Affects where you can build, plant, or dig |
Restrictions | Limits on use—e.g., height, fencing, setbacks |
Covenants | Obligations—e.g., maintaining front gardens |
Registered on Title | Becomes part of legal ownership |
Affects Build Approval | Council and builders must review it |