Blog
Tips, FAQs and pearls of wisdom from 20 years of legal experience. Be empowered to buy, sell and transfer property with confidence.
One of the most important decisions for a property purchaser to make is when the settlement date should be. The goal is to ensure that the purchaser will be able to pay the remaining funds owing to the vendor on the settlement date.
A caveat is a legal notice, registered on the title of a property, declaring that someone has a legal interest in the property.
Sometimes unusual access to a property is required before or after settlement, or in other circumstances. This occurs via a licence agreement.
Settlement is the conclusion of a property conveyancing transaction.
An important aspect of buying a unit or townhouse is understanding how the owners corporation (body corporate) operates, and what information about it must be included in the vendor statement/section 32.
What do purchasers and vendors need to know about Section 27 Deposit Release Statements?
Insurance - in particular: when to get it, and when to cancel it - is an important consideration when buying and selling a property.
What comes with the property you are buying, and what doesn't? It depends if it's a fixture and if it's written into the contract.
Getting an independent building and pest inspection report could save you from buying a lemon (= a financial disaster!).