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.
There are two ways multiple people can own a property in Victoria: as joint tenants or as tenants in common.
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.