Why should you have a Contract of Sale and Vendors Statement reviewed before signing?
When purchasing a property, you can expect to experience some nerves and excitement. It often becomes daunting or overwhelming at times when... Read More
Can you sever joint tenancy without the other partner knowing?
What are different types of joint tenancy? There are two most common types of joint tenancy: joint tenancy and tenants-in-common. The main... Read More
Buying a Property Subject to Lease
Usually, once settlement takes place, a purchaser is entitled to vacant possession of the property. However, if the Contract was signed “subject... Read More
What Happens if there is Loss or Damage of a Property Before Settlement?
If a property has been damaged between the signing of a Contract of Sale and the settlement date, there are a number... Read More
What is a Section 173 Agreement?
A Section 173 Agreement is entered into by the land owners and the responsible authority, usually the municipal council to set out... Read More
What Is A Cooling Off Period under a Contract of Sale?
If you have signed a Contract for the sale of a residential or a small rural property, the Contract will allow for... Read More
What is Foreign Resident Capital Gains Withholding?
The Treasury Laws Amendment (Foreign Resident Capital Gains Withholding Payments) Act 2017, assists with the collection of foreign residents’ Australian tax obligations.... Read More
What is a Solictor’s Certificate
Many times when borrowing funds from a bank, particularly when there is a guarantor involved, the lender will require a Solicitor’s Certificate... Read More
Stamp Duty for First Home Buyers.
If you are acquiring your first home, the amount of stamp duty you may need to pay will vary. Here, we explain... Read More
What happens when you pay your house deposit?
When you enter in to a Contract of Sale to purchase a property, you will be required to pay a deposit, which... Read More