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Purchasing an Off The Plan Property?
What is an Off The Plan Property? In New South Wales, it is common practice that properties are advertised and sold before the building has been constructed. This is known as purchasing a property ‘Off The Plan’. Purchasing a property ‘Off The Plan’
Did you purchase an off-the-plan apartment?
It is common practice that apartments are sold without having a registered subdivision plan or an issued occupation certificate. How does that work? A subdivision plan allows the owner to build apartments, duplexes, centres, etc. The Developer is not required
First Home Buyers
First Home Buyers – Ready for an Exemption or Concession? Purchasing your first home is exciting yet nerve-wrecking, all at the same time. It is a big commitment and undoubtedly one of the first and major goals most people work towards. Therefore, it comes
Dissipation of assets
This article is intended to provide some guidance as to what happens when you’ve separated, and before any agreement has been reached, your former spouse sells property from under you. This article applies equally well to anyone who is contemplating doing
What is an option to renew in a lease?
Most leases contain what is known as an ‘option to renew’. An ‘option to renew’ is a contractual right that is given to the Tenant to obtain an additional term for the lease if the Tenant so chooses. For instance, if the Tenant has a lease for the
Leases and Demolition or Redevelopments
Most leases, either commercial or residential, commonly lease premises for a long period of years. However, during this period, the Landlord is bound by the lease and is unable to terminate the lease if the Landlord wishes to demolish or redevelop the leased