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
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
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
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?
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
Shire Legal acted for a client purchasing a property at Burraneer through a local real estate agent. The client had first seen the property 12 months prior when he was not seriously in the market to … [Read more...] about Which real estate agent is entitled to the commission?
Largely because of legislative changes, the Law Society of New South Wales periodically reviews and reissues the standard clause pages for the contract used when selling a property. Despite the … [Read more...] about The new 2016 Contract for the Sale and Purchase of Land
With the wild weather in New South Wales of late, the question has come up – what happens if the property you are buying is damaged between exchanging contracts and settlement? What are your rights? … [Read more...] about What to do if your property is damaged between exchange and settlement?
Unfortunately it’s a fact of life that many houses in bushy areas, such as the Sutherland Shire, are subject to termite invasions. It is actually more common than not for homes in the Shire to already … [Read more...] about Do I need to disclose pre-existing termite damage to my home?
Like many commercial transactions, the transfer of ownership of property is underpinned by the common law doctrine of “buyer beware” (aka “caveat emptor”). That is, the purchaser needs to make sure … [Read more...] about Do you need to disclose a death or suicide when selling your home?