Caveat Emptor (“Buyer Beware”) (NSW)
The law in New South Wales relating to the purchase of real estate may be summarised by the Latin phrase … Read more
Conveyancing
Verification of Identity in property transactions (NSW)
Verification of Identity (VOI) is a process used to confirm a person’s identity. Lawyers and other parties involved in property … Read more
What are settlement adjustments?
Buyers are often confused by settlement figures or a settlement statement in the lead up to settlement. They can misread … Read more
What is a Residential Withholding Payment?
What is a residential withholding payment? A residential withholding payment is a Goods and Services Tax (GST) amount the buyer … Read more
Stamp duty (NSW)
Stamp duty, known as transfer duty and administered by Revenue NSW, is a tax placed on the value of property … Read more
Co-ownership of property: Joint Tenants or Tenants in Common? (NSW)
If you purchase property in NSW with two or more people, you need to consider how you will own the … Read more
Subdividing your land
Subdividing your land (subdivision) refers to the partition of a parcel of land into smaller portions. Once land is subdivided, … Read more
Retirement Village Contracts and agreements
The Retirement Villages Act 1999 (NSW) and the Retirement Villages Regulation 2017 govern retirement village contracts and regulations in NSW. … Read more
Buying a property – Cooling Off Rights (NSW)
Once you have obtained your finance and found a suitable property, you can make an offer to purchase the property. … Read more
Buying off the plan
What is buying “off the plan”? Buying “off the plan” has advantages for both the purchaser and the developer. A … Read more
