You've reached a settlement in your strata dispute — the negotiations are done, and it's time to put pen to paper. But buried in that deed are two terms that could define your rights for years to come: the release and the indemnity.

In this episode of the Strata Law Podcast, David Sachs, Principal of Sachs Gerace Lawyers, unpacks two of the most commonly misunderstood terms in settlement documents and contracts — and explains why they demand careful, tailored drafting.

David breaks down:

• What a release actually is — and why the definition of "claims" in the document is the part you need to scrutinise
• A real-world case where an owners corporation accidentally signed away its right to pursue fire compliance defect claims
• What an indemnity is and how it differs from a release — one ends claims, the other creates ongoing obligations
• How indemnities commonly arise in strata building defects disputes between owners corporations, builders, and lot owners
• Why AI-drafted contracts are no substitute for a lawyer who can tailor these clauses to your specific situation

Whether you're an owners corporation settling a defects claim, a builder negotiating a deed of release, or a lot owner trying to understand what a settlement document commits you to, this episode is essential listening.

Need help? Contact Sachs Gerace Lawyers: www.sglawyers.com.au

Produced by Law Firm Marketing experts, Practice Proof

Produced by Law Firm Marketing experts, Practice Proof

📜 Settling a legal dispute? Make sure it's recorded properly—or risk losing everything you've agreed to.

You've finally reached an agreement with the other party. The hard part is over, right? Not so fast. How you record that settlement agreement can make or break your ability to enforce it later. Get it wrong, and you could find yourself back at square one—or worse, bound by terms you never intended.

In this episode of the Strata Law Podcast, Sachs Gerace Lawyers, Anne Fernando discusses the two usual ways to formally record a settlement agreement: consent orders and settlement deeds. Whether you're navigating a home building dispute, strata issue, commercial disagreement, or any civil claim in New South Wales, understanding when to use each option—and what must be included—could save you thousands of dollars and countless sleepless nights.

Whether you're a property owner, builder, strata committee member, or just someone trying to resolve a dispute efficiently, this podcast gives you the knowledge you need to make informed decisions and avoid costly mistakes.

Produced by Law Firm Marketing experts, Practice Proof

Think you need a signed contract to be legally bound? Think again! 🚨

In this episode of the Strata Law Podcast, Despina Veleski, from Sachs Gerace Lawyers unpacks what a binding agreement really is — and why it’s one of the most misunderstood concepts in contract law. From quotes and emails to verbal arrangements and unsigned documents, Desipna breaks down how enforceable obligations can arise long before a formal contract is signed.

Discover why that simple "yes, go ahead" email or accepted quote could lock you into legal obligations you never intended. Whether you're managing a strata property, hiring a builder, or running a construction business, understanding binding agreements could save you from expensive disputes and legal headaches.

What You'll Learn:

✅ The 3 critical elements that create a binding agreement (it's not just signatures!)

✅ How verbal agreements and emails can become enforceable contracts

✅ Why quotes aren't "just quotes"—when they become legally binding

✅ Common misconceptions that lead to legal trouble

✅ How to protect yourself when entering agreements

Need help, contact Sachs Gerace Lawyers

Produced by Law Firm Marketing experts, Practice Proof