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Risks of Buying Off-the-Plan
For a long time, the ‘Great Australian Dream’ has been to own property. It is usually the largest asset you will own and provides you with a sense of freedom. However, this could be more akin to a pipe dream for some people due to the huge price tags associated with...
Avoiding Conveyancing Traps
Conveyancing is the process of transferring legal title of real estate from one person to another. The conveyancing process is designed to ensure that the buyer obtains good and marketable title to the property together with all the rights that run with the property,...
Sunset Clause for off-the-Plan Purchases
When you purchase off-the-plan you are buying an apartment before it is built. Off-the-plan properties come with significant risks that you should consider before committing to buy. One of these risks is the sunset clause. Off-the-plan contracts specify the time by...
Making Your Will Count – Healthy Will Checklist
Making a will is important for everyone over the age of 18, to ensure their wishes are followed and their assets are distributed correctly after they die. If you don’t have a will your assets will be divided according to how the law dictates in the rules of intestacy....
Important Things to Consider When Buying a Business
If you are considering buying a business there are many steps involved and getting the right advice from the start is important. The structure of and issues involved in the sale are quite different if you are buying the business assets only, compared with the shares...
Swimming Pool Registration
Homeowners are required to attach a certificate of compliance or non-compliance to the contract of sale when they sell their property. The owner of a property must register their swimming pool and/or spa on the NSW Swimming Pool Register. In this blog we review how to...
Have You Been Left Out of a Will?
The loss of a family member is always a difficult time, and it can be distressing to learn that you have not been included in the family member’s will. Generally, a person may leave their assets to whomever they wish. However, the law recognises that there are may be...
What are Defects and How Do Defects Liability Periods Work?
It is important to understand exactly what is meant by the term ‘defect’, how a contractual ‘defects liability period’ works in practical terms and also whether there is any right to claim damages for covering the costs of rectifying a defect.