Category: Property
Thinking of buying or selling property during COVID-19? If so, keep these hard learned lessons in mind…
7-May-2020 Fraud and Insolvency,Property By Jamal BakalianA recent decision of the Supreme Court of New South Wales released on 23 April 2020, Deligiannidou v Sundarjee [2020] NSW SC437, provides us all with a timely reminder that more than ever, we need to be hypervigilant about the clauses in our Contracts...
Major legal changes for anyone considering buying an off-the-plan property
6-December-2019 Commercial Disputes,Property By Jamal BakalianSanta’s not the only thing coming to town this December… From 1 December 2019, major changes to conveyancing legislation[1] will affect all parties involved in the purchase of off-the-plan properties. Back in 2015 the Australian government...
The one question you need to ask before buying property with a partner
13-June-2019 Property By Jamal BakalianOne big question that needs to be asked before buying a property with another person is how you’ll be recorded on the title. There are two different types of ownership and both have different effects on your rights and entitlement. The two different...
Strata Buyers Beware – Your Building may be on borrowed time
18-January-2019 Commercial Disputes,Property By Mark StreeterDon’t assume statutory warranties will automatically result in recovering money for Building Defect rectification Public confidence in Strata Development in Australia, is on a slippery slope and at an all-time low. Streeterlaw warns Lot Owners,...
How to claim outstanding debts in the Local Court
29-November-2017 Commercial Disputes,Property By Mark StreeterHave you entered into a loan agreement that is not being fulfilled? Do you have invoices that remain unpaid by your clients? Have you paid for services you haven’t received? Do you own property that has not been returned? If you’ve answered yes to...
Legal contracts can be altered if the wording is wrong
28-November-2017 Property By Jamal BakalianThe 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...
New capital gains tax hits Sydney vendors hardest
16-September-2017 Property By Jamal BakalianA 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...
Key considerations when a Court decides to divide a couple’s assets
27-August-2017 Family Law,Property By Simone GreenThe 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...
Stricter identity checks introduced for property buyers
22-August-2016 Property By Mark StreeterThe 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...
Strata cases no longer need legal representation in NCAT
2-February-2015 Property By Mark StreeterOn 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...
