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Purchasing Property

May 9, 2022 By Vicki Stokes

Purchase of Residential Real Estate by Foreign Investors

The Australian Federal Court has issued the first penalty order for breaches of Australia’s foreign investment rules, resulting in $250,000 in penalties: Commissioner of Taxation v Balasubramaniyan … [Read more...] about Purchase of Residential Real Estate by Foreign Investors

Filed Under: Property, Purchasing Property Tagged With: ATO, FIRB, Foreign investment, Purchasing property

January 12, 2022 By Melissa Bush

Frequently asked questions about buying / selling property

We literally handle hundreds of sales and purchases of property each year, and whilst our main role is to guide our clients through the legal aspects of the transaction, there are often many non-legal … [Read more...] about Frequently asked questions about buying / selling property

Filed Under: Property, Purchasing Property, Selling Property, Strata Tagged With: Buying property, conveyancing, FAQ, property purchase, property sale, Selling property, Settlement

October 21, 2020 By Bayley Mathai

Know your entitlements as a First Home Buyer or Home Builder

The following is a summary of recent the current state of the various Federal Government Schemes and Grants which apply to first home buyers as well as the recent HomeBuilder Grant scheme. First … [Read more...] about Know your entitlements as a First Home Buyer or Home Builder

Filed Under: Property, Purchasing Property Tagged With: conveyancing, FHBAS, FHLDS, FHOG, First Home Buyer, HomeBuilder, New Home, property purchase

October 30, 2019 By Vicki Stokes

OFF THE PLAN CONTRACT REFORMS

New laws are expected to come into force on 1 December 2019 when the Conveyancing Legislation (Amendment) Act 2018 and Conveyancing (Sale of Land) Amendment Regulation 2019 commence. These impose … [Read more...] about OFF THE PLAN CONTRACT REFORMS

Filed Under: Property, Purchasing Property Tagged With: conveyancing, Cooling Off Period, Strata, Sunset Clauses

January 17, 2019 By Melissa Bush

Your obligations regarding maintenance of the property you have just sold

Picture this – you advertised your property for sale, endured countless open houses and inspections, and finally, someone offered you a price which you accepted, contracts exchanged, and now the … [Read more...] about Your obligations regarding maintenance of the property you have just sold

Filed Under: Property, Purchasing Property, Selling Property Tagged With: Bakhos v Fenner and Anor [2007] NSWSC 641, Perptual v Lindlirum [2009] VSC 182, pre-settlement inspection, Property settlement, Repudiation, Rescission, s66L Convyancing Act 1919 (NSW)

August 22, 2018 By Melissa Bush

The importance of having a co-ownership agreement

If you have purchased a property with someone else, it is likely that you’ve at least had an initial chat about sharing the costs of owning the property – but have you discussed what happens if one of … [Read more...] about The importance of having a co-ownership agreement

Filed Under: Property, Purchasing Property Tagged With: Co-ownership agreement, Conveyancing Act 1919 (NSW), Leasi v Fono [2018] NSWSC 1280

September 21, 2017 By Vicki Stokes

Why our clients love PEXA

PEXA ("Property Exchange Australia") is the new electronic property settlement portal, making life easier for solicitors and conveyancers, but what are the benefits to you as a client? To name just … [Read more...] about Why our clients love PEXA

Filed Under: Property, Purchasing Property, Selling Property Tagged With: conveyancing, electronic conveyancing, PEXA, property purchase, property sale

April 24, 2017 By Vicki Stokes

Surcharges on stamp duty and land tax for foreign persons – will it affect you?

The New South Wales Government introduced legislation last year bringing into effect surcharges on stamp duty and land tax, to be payable on residential property purchased or owned by anyone falling … [Read more...] about Surcharges on stamp duty and land tax for foreign persons – will it affect you?

Filed Under: Property, Purchasing Property, Selling Property Tagged With: conveyancer, conveyancing, Duties Act, Foreign Acquisitions and Takeovers, foreign person, investment property, land tax, Property Law, property purchase, purchaser, stamp duty, Vicki Stokes

February 8, 2017 By Vicki Stokes

Extra steps for property sales over $2 million

As you may be aware, owners of certain types of property are required to pay capital gains tax when the property is sold.  This is normally accounted for when the vendor does their next tax return.  … [Read more...] about Extra steps for property sales over $2 million

Filed Under: Property, Purchasing Property, Selling Property Tagged With: ATO, Australian Taxation Office, capital gains tax, Clearance Certificate, conveyancer, conveyancing, foreign company, foreign resident, Property Law, property purchase, Vicki Stokes, withholding tax

June 22, 2016 By Melissa Bush

What is the problem with unapproved building works?

What is the problem with unapproved building works?

A few years ago, Shire Legal acted for a client purchasing a property at Kurnell.   There was nothing particularly unusual about the transaction – it was a standard family home being sold from one … [Read more...] about What is the problem with unapproved building works?

Filed Under: Property, Purchasing Property Tagged With: Building Certificate, conveyancing, Council Approval, Property Law, purchaser, Shire Legal, Unapproved building works, Vendor

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  • Home
  • About Us
    • Our Team
    • Testimonials
    • Fixed Fees
    • Information Sessions
    • Agency
    • Careers
  • Areas of Practice
    • Business
      • Selling a Business
      • Purchasing a Business
      • Leasing (Retail and Commercial)
      • Business Agreements
      • Franchising
      • Intellectual Property
        • Trademark Registration
        • Trademark Enforcement
        • Passing Off
      • Debt Recovery
      • Security of Payments
      • Employment
      • Bankruptcy
      • Insolvency
      • Business Succession
      • Competition and Consumer Law
    • Estates
      • Wills
      • Power of Attorney
      • Enduring Guardianship
      • Estate Planning
      • Deceased Estates
      • Estate Disputes
    • Property
      • Selling Property
      • Purchasing Property
      • Property Transfers and Refinances
      • Property Agreements
      • Certificate of Independent Legal Advice
      • Strata
      • Easements
      • Subdivision
      • Caveats
      • Leasing (Retail and Commercial)
      • Retirement Village and Aged Care Contracts
      • Co-ownership Agreements
    • Notary Public
    • Certificate of Independent Legal Advice
  • Blogs
  • Events
    • 2018 Drinks on the Terrace
    • 2017 Drinks on the Terrace
    • 2016 Drinks on the Terrace
    • 2015 Drinks on the Terrace
    • 2014 Drinks on the Terrace
  • Legal Health Checklist
  • Payments
  • Contact Us
  • BOOK AN APPOINTMENT