The LAW on buying property with your friends using a trust
You’re probably at this article because you’re looking at the property market, seeing the potential, but realising you’re not going to be able to do it on your own.
You might be thinking of setting up a trust with a few others to buying…
Easements Made Easy!
What is an easement?
An easement is generally a right given by one land owner (the burdened land) to an adjoining land owner (the benefited land) to use the burdened land in a way consistent with the terms and conditions of the easement.
Types of easements
The most common types of easements are:
right…
Strata Renewal Process
In November 2016 new laws were introduced in NSW which in effect mean that any person can make a written proposal for the collective sale of a strata scheme to an owners corporation and if at least 75% of the owners of the lots agree and it is approved by the…
Using Sunset Clauses To Cancel NSW Property Contracts
In real property terms, buying off the plan mean signing a contract to purchase a property, whether it is an apartment, townhouse or a house and land before it is built. Buyers would pay a 10% deposit upfront and can be left waiting for years for…
What Are Easements On The Title Of Land And What Do They Mean?
In New South Wales the Conveyancing Act 1919 (“the Act”) is the legislation which expresses and regulates the essential law relating generally to land in NSW. Other legislation, such as The Real Property Act 1900 and the acts relating to Strata Titles…
What Does A ‘ Covenant ’ On The Title Of Land Mean?
The Torrens Title system of land registration, the Registered Proprietor of a parcel of land is the absolute owner of that land. His or her title is indefeasible, and is protected absolutely against claims or other interests which are not registered on…
What Is Reasonably Necessary Per Section 88K Of The Conveyancing Act?
We all, in a particular context, at times use words and phrases about which we are sure there is a clear and unambiguous meaning, and it can come as a surprise when another person provides a different meaning for those same words and…
Forced Easements In NSW: Section 88K Of The Conveyancing Act
Gone are the days when the old saying “A man’s home is his castle” held true. These days, the amount of legislation regulating how we are able to use our land is overwhelming. When it comes to planning and development, public authorities such as…
What To Look Out For In Queensland House Property Contracts
As a purchaser of residential property in Queensland it is important to be aware of your rights before signing a contract of sale. An agent will often present the contract to you with urgent instructions to sign and return, however it is essential for…
Purchasing A NSW Property?
If you’re looking for a property in NSW, you’ve probably come across one or two property contracts. Have you noticed how thick they are? When you add a building and pest report (and the strata report if you’re buying an apartment), it’s enough to break your back!
If you feel bogged down by…