A joint tenancy is a common way for two or more people to own property together in Australia, particularly for married couples or domestic partners. However, life changes and sometimes what made sense at the start no longer does. This can lead to a situation where one...
Buying ‘off the plan’ generally means purchasing a property that is not yet built. It might also involve buying a vacant lot in a planned subdivision. Unlike buying an existing property, a purchaser’s decision is based on plans and designs as opposed to a finished...
Are you thinking about transferring a property you own into your Self Managed Super Fund (SMSF)? NSW offers fixed transfer duty (formerly stamp duty) when strict rules are met. In many cases the fixed duty is $750. This can save thousands compared with standard duty...
If you own commercial premises that you rent out, a carefully drafted lease agreement is essential. Commercial lease agreements are usually prepared by the landlord (or their legal representative). This is an opportunity to ensure the lease is structured to protect...
Buying a first home has always been a financial challenge, but housing affordability in Australia has declined so much in recent decades that younger generations are struggling to gain entry to the property market at all. As a result, more parents wish to take...
A conveyancing transaction involves transferring the legal title (ownership) of real estate from one party to another. For most people, buying or selling property is one of the highest-valued transactions they will ever make, and the legal work is usually referred to...
