News
Purchasing a commercial property: technical due diligence
Purchasing a commercial property can be a significant financial investment for a buyer. In order to protect his or her potential investment, a buyer should take steps to investigate the risks of acquiring a commercial property and how to reduce those risks where...
Business structures: sole trader
When commencing a business venture, it is necessary to consider the most appropriate type of business structure to put in place. Different business structures have different benefits and disadvantages. This article looks at the sole trader business structure - how to...
Personal liability for company directors
A company is an association incorporated under the Corporations Act 2001 (Cth) (the ‘Act’). The effect of incorporation gives the company a separate entity, distinct from its directors and shareholders. It can enter into contracts, sue and be sued in its own right....
Wills for blended families
Wills for blended families are particularly important. A blended family is a family in which one or both partners have a child or children from a previous relationship. Careful estate planning now should ensure that all of your intended beneficiaries are provided for...
Understanding easements in your property contract
Identifying and understanding easements in a property transaction is an important part of the conveyancing process. Vendors are required to disclose all easements affecting the land they propose to sell in a property contract, and buyers should ensure they are aware...
What to do if you are injured in a motor vehicle accident
If you have been injured in a motor accident in New South Wales, you may be able to access benefits available under the compulsory third party scheme (CTP scheme).Compulsory third-party insurance (also known as ‘greenslip insurance’) is mandatory for all registered...
Retail Leasing disclosure obligations
When leasing commercial property, it is important for tenants and landlords to understand the relationship they are entering and the rights and obligations they have.In New South Wales, retail leases are regulated by the Retail Leases Act 1994 (NSW) (the ‘Act’). A...
Debt collection basics for business
If you are owed money for goods or services, the first step in attempting to recover it is generally to send a letter of demand to the other party setting out the amount of money outstanding, and giving them a defined time within which to settle the matter by paying...
Why you should have your domestic building contract reviewed
Whether you are renovating an existing home or building from scratch, most domestic building contracts involve considerable sums of money. In fact, entering a building contract may be one of the most significant financial transactions you undertake.Despite the...
Business Structures: Partnerships – the pros and cons
When commencing a business venture, it is necessary to consider the most appropriate type of business structure to put in place. In Australia, there are 4 common business structures – sole trader, partnership, trust and company. Different business structures have...