Category: Property

The sale and purchase of any property often represents a milestone in a person’s life. As such, we know how important it is to make sure all of the finer details in a conveyancing contract are correct and agreed upon by both parties. Occasionally, a...

A new rate of Capital Gains Tax, introduced on 1 July, is having a major impact on most Sydney-based real estate vendors. Prior to 1 July 2017, a vendor who was an Australian resident and selling real estate valued at over $2 million, was required to...

The division of a couple’s assets by the Family Court is not simply a case of making a mathematical assessment of their relative financial contributions. The Court’s objective is to try and deliver an outcome that is just and equitable to both...

The NSW Land Property Information (LPI) now requires lawyers conducting conveyancing to verify the identity of the individuals or companies they represent, to ensure they have the authority to buy or sell land. (The new LPI standard appears in the new...

On 1 January 2014, the Consumer, Trader and Tenancy Tribunal (CTTT) amalgamated with around 22 tribunals to form the often described “super” tribunal called the NSW Civil and Administrative Tribunal (NCAT). NCAT deals with a broad range of...

There are a few things you should keep in mind when you are looking to buy your first home or when you are planning to invest in a new property or even when you intend to move house. Here are the top 10 tips that Streeterlaw believes will assist you to...

A case involving a farmer and his daughter and son-in-law (Milling v Hardie [26 May 2014] NSWCA 163) is a reminder of the need to put property living arrangements, even between family members, in writing. Mr Milling is a farmer who lives in one of...

Property Final Inspection before Settlement If you have ever purchased a property, you would have faced that nervous day three days prior to settlement, where you were invited to inspect the property. But what is it that you looked for when you did your...

In October 2011, major changes were made to the Home Building Act 1989, which has adversely impacted new residential homeowners. Instead of having a blanket seven years to claim against home owners’ warranty insurance for building defects, home...

Owners of strata apartments or other strata property need to be aware that strata schemes and owners’ corporations are not automatically responsible for rectifying defects to common property. It is important for property owners and investors to...