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Voluntary Superannuation Contributions

Buying a new home isn’t easy, especially for first home buyers. They don’t have a property to sell or an established credit history that includes paying off big mortgages. The government has introduced several programs to help these buys and make the purchase process easy. One of these programs is the First Home Super Saver … Continue reading Voluntary Superannuation Contributions

Vendor Disclosure Obligations

The Conveyancing (Sale of Land) Regulation was introduced last year and enforced on 1st September, 2017. It introduced several changes that had a direct impact on vendor disclosure obligations, especially on matters concerning sale of land contracts and purchase of residential property options. These regulations are put in place to protect a buyer’s interests and … Continue reading Vendor Disclosure Obligations

Window safety devices in strata

Windows are a very desirable feature in any property, but they can also pose a safety risk. Unsupervised children can open a window and fall through the opening and injure themselves. As many as 50 children fall through windows every year, which led to the government taking action and introducing regulations to prevent these accidents. … Continue reading Window safety devices in strata

Vendor warranties in contracts

Property purchase is a big transaction and buyers invest a lot of money in it. They need to make an informed decision based on an understanding of the strengths and weaknesses of the property. The vendor is legally obligated to disclose all relevant information including the items included in the Conveyancing (Sale of Land) Regulation. … Continue reading Vendor warranties in contracts

Foreign Owners – Unoccupied Residential Property

Foreign property ownership has had an impact on the real estate market, driving up the prices and limiting supply. In response to this, the Australian Government has introduced stronger regulations to control foreign investors owning Australian property. These rules will help make accessing housing easier for Australian citizens. The new regulations introduced in 2017 limit … Continue reading Foreign Owners – Unoccupied Residential Property

New Conveyancing Requirements

Conveyancing is the process of transferring a property title from one person to another. It’s a lengthy process regulated by a set of laws, and can be quite complex. It can also be quite intimidating, which is one of the reasons why it’s a good idea to hire professional to help you through conveyancing. It’s … Continue reading New Conveyancing Requirements

Electronic Conveyancing – What You Need to Know

The Internet has significantly changed the manner in which people carry out their transactions and the real estate industry has experienced this change as well. Many real estate transactions are now carried out online through secure and monitored platforms. Electronic conveyancing is one such transaction and it has risen in popularity over the years. It … Continue reading Electronic Conveyancing – What You Need to Know