If you are buying a residential property in Queensland, conducting searches is an essential step to ensure you are well informed as to the condition of the property. Seller’s disclosure obligations The seller has statutory obligations to disclose certain information...
Property Insurance When buying a residential property one of the very first things you should do after signing a contract of sale is to take out property insurance. Why now and not at settlement when title passes? Because risk passes immediately! Risk Under the...
Unlike most other States, Victoria does not have a stand-alone piece of legislation governing land lease communities and caravan parks. Instead, the Residential Tenancies Act 1997 (VIC) (RTA) provides the legislative framework for all residential tenancy arrangements...
Introduction Most motel businesses are leasehold. The right for the motelier to operate from the motel is granted by the owner of the motel (landlord) to the motel business owner (as tenant) under a lease. Most motel leases are granted for an initial term, with an...
Introduction Getting the consent of a body corporate committee to the sale of a management rights business can be stressful. Far too often we see petty disputes over issues like “what amounts to reasonable evidence of a buyers financial standing” or “what gardening...
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