AU Australia property term
No Objection Notification (NON)
Australia-wide
Plain-English definition
A letter from the Australian Treasurer allowing a foreign person to take a specified investment action, usually within a stated period and subject to any conditions.
Why this matters to a foreign buyer
It is property- and applicant-specific and may impose registration, construction, use, reporting or disposal obligations. Read the whole notice before making the purchase unconditional.
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