Conveyancing Survey Reports – What Are They Good For?

Conveyancing Survey Reports – What Are They Good For?

A survey report is commonly requested during conveyancing. It shows any recent improvements on a parcel of land, the boundaries of the property, and the dimensions of the property (including aspects such as fences, garages, and pools). To put it simply, a survey report allows the purchaser to see issues that they could not observe... Read More
How to Protect your Home From Your Ex-Partner

How to Protect your Home From Your Ex-Partner

When parties separate, it is important to make sure that assets are protected before a family law property settlement is formalised. One way that matrimonial assets can be protected is through the lodgment of a caveat. What is a caveat? A caveat is a note that is recorded on the title of a property that... Read More
Keeping Pets in Strata Schemes

Keeping Pets in Strata Schemes

Keeping Pets in Strata Schemes – Can You Have Pets in an Apartment?  Have you ever been forced to choose between keeping your pet and living in a strata building? You are not alone. Australia has one of the highest household rates of pet ownership in the world, and yet more and more Australians are... Read More
The Pitfalls of Release of Deposit Clauses

The Pitfalls of Release of Deposit Clauses

The usual procedure in contracts for sale of land During the usual procedure for the exchange of contracts for a property, the purchaser gives to the vendor’s agent the cheque for the deposit. The deposit is consideration given by the purchaser to the vendor and it is what makes the contract valid. The amount can... Read More
The Hidden Costs of Buying a House

The Hidden Costs of Buying a House

Disclaimer: Since the publishing of this article, the New South Wales State Government has announced a 20 year plan to replace stamp duty with a property land tax. Please use caution if you are citing legislative material from this article as laws are subject to change. We recommend that you seek the most up-to-date law.... Read More
The Financial Risk in Giving Personal Guarantees in Leases

The Financial Risk in Giving Personal Guarantees in Leases

If you are a director of a company entering a commercial or retail lease, a landlord will likely require you to give a personal guarantee for the company’s obligations under the lease. In such cases, directors should fully comprehend the extent of the guarantee they are providing and obtain appropriate legal advice to minimise financial... Read More