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Buying a Residential Property with Existing Tenants
The Australian real estate market offers an array of opportunities for investment. A common type of real estate investment is residential property with existing tenants. This can be an appealing option for various reasons, including the benefit of receiving rental...
Managing commercial disputes – key steps and processes
A commercial dispute occurs when two or more parties have a disagreement in relation to a business matter. The subject of a commercial dispute varies; however, many arise due to a party’s alleged failure to perform contractual terms and conditions, which is why it is...
The importance of estate planning before capacity becomes an issue
We should all plan for our future. Certainly, we should all have a current will, especially those of us who need to make special arrangements for the care of children or pets. Many of us would also benefit from making a formal arrangement to account for a time when we...
Will Contests and Estate Disputes – an Overview
In Australia, there are legal avenues available to individuals who wish to contest a will or challenge the distribution of an estate. Although regrettable, such disputes are often unavoidable and sometimes essential to ensure fair outcomes. Understanding these legal...
Helping Your Kids Step into the Property Market
Buying a first home has always been a financial challenge, but housing affordability in Australia has declined so much in recent decades that younger generations are struggling to gain entry to the property market at all. As a result, more parents wish to take...
Due Diligence when Buying an Existing Business
If you are thinking about a new venture, expanding an existing business or entering a new market, one option you might consider is to buy an established business. There are advantages and disadvantages when buying an existing business compared with starting your own....
Co-ownership property disputes
A co-owner is a person who owns land with one or more other owners. Co-owners may hold land as joint tenants or tenants in common. The way land is held is important in property law as it impacts on the way it can be dealt with generally, and what happens after the...
Selling a House – the Conveyancing Process Explained
Selling a home is usually an emotional and stressful time and can become a costly process if mistakes are made. A qualified lawyer or conveyancer can simplify the procedure and limit the risks involved. In this article, we look at the steps which a lawyer will take...
Pre contract negotiations and commercial leases
A lease is a legally binding contract that gives you certain rights to a property for a set term. A written commercial lease is used when leasing property used primarily for a business. You should never sign a lease without understanding all of its terms and...
Buying a property at auction | Things you need to know BEFORE the auction day
Buying a property can be an intimidating process, especially at an auction where you are competing with other buyers and there is no cooling-off period. Many properties are sold at auction, particularly in a rising market, so it is important for buyers to understand...