Individuals often invest in property as part of their retirement planning, and pay stamp duty at the time of purchase. Subsequently, they establish an SMSF and wish to transfer the property from their personal names to their SMSF for tax reasons. This can be done in...
Buying off the plan means buying a property that has yet to be built or is still under construction. Your decision is based on the building plans and designs, rather than the completed structure. This article provides a concise summary on the key points and...
In negotiating a lease agreement, lots of terms are hidden in the fine print which significantly affect your rights and obligations so you must read the proposed agreement carefully. Not sure what’s important? Here are some key points to look out for: Key Terms of the...
We recently acted for a client involved in a co-ownership dispute. The wife owned 80% of the property and the husband owned 20%. We acted for the wife. When the husband died, he bequeathed his 20% share in the property to his minor children. His sister was the trustee...
Buying a property with someone else is a great way to share the fun, stress, and cost of the venture. Often people buy a house with their significant other, to make a home or invest together. Others buy property with friends, relatives or business partners. Joining...
For most people, buying their first home is a huge challenge, both financially and personally. With the cost of the “average” home in New South Wales exceeding a million dollars, saving a 20% deposit is itself a substantial undertaking, usually requiring years of...
