Tag Conveyancing

Understanding the intricacies of property law is not just a requirement but a strategic advantage for corporations, entrepreneurs, financial institutions, and industry groups. This article aims to unveil the legal strategies for property profit that top property lawyers in Australia employ to maximize profit for their clients.

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Introduction

You might have heard the adage: “The three most important things in real estate are location, location, location.” While true, this barely scratches the surface, especially when dealing with commercial real estate transactions in Australia. Here, one of the biggest mistakes when choosing a property lawyer is to underestimate their role. Behind every prime location and every sealed deal, there’s an intricate labyrinth of legalities that can make or break your investment. A property lawyer can be your guiding light through this maze.

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Introduction

Over the years, we helped hundreds of clients navigate the choppy waters of property transactions, helping them save thousands along the way. Property transactions can be costly affairs, but with the right knowledge and strategies, you can significantly cut down on expenses. In this article, I’ll share some of my best tips and tricks, from choosing the right property to leveraging government grants.

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Estimated reading time: 14 minutes

Becoming a member of an Executive Committee (EC) in an Owners Corporation (OC) comes with several responsibilities, as outlined in the Unit Titles (Management) Act 2011 and the specific code of conduct that accompanies it.

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When embarking on the journey of buying a residential property in Canberra, understanding the legal protocols is a must. Notably, the concept of a cooling-off period and the Section 17 Certificate hold significant importance. This certificate is vital when a buyer opts to shorten or waive the cooling-off period. But what happens if no such certificate is issued? Let’s dive deeper into these legalities.

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The ACT Tenancy Laws

The Australian Capital Territory (ACT) Government introduced new tenancy laws on November 1, 2019, which were designed to provide more security for tenants and to ensure that landlords could not take advantage of a tight rental market to extract higher rents or evict tenants without cause. These changes included limiting rent increases, establishing minimum standards for rental properties, and limiting the amount of rental bonds that could be charged.

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Buying an off-the-plan property in Canberra has several benefits. You can potentially secure a new property at a lower price. You have the opportunity to personalize certain features. However, it is important to consider several factors before making a purchase.

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