KEY TAKE OUTS: While properties with unapproved structures can offer some great benefits, including lower purchase price, potential for value addition and unique character, they… Read More »Navigating the Purchase of Property with Unapproved Structures in NSW. A Comprehensive Guide
KEY INSIGHTS: Sunset Dates provide certainty and clarity for sale, reducing risk and increasing efficiency. Ensure Sunset Dates are clearly defined in all contracts, with… Read More »Navigating Sunset Dates in Contracts for Sale: What Buyers and Sellers Need to Know
KEY TAKE-OUTS: A guarantor is a person who guarantees that a loan will be repaid and uses their own home as security for another person’s… Read More »Guarantor in Property Purchase: Benefits and How to Remove Them
Co-authored by: Kay Vitogiannis KEY TAKE-OUTS: The Shared Equity Home Buyer Helper Scheme will be in effect from Monday 23 January 2023 First home buyers who… Read More »Shared Equity Home Buyer Helper – effective from 23 January 2023
KEY TAKE-OUTS: Tenants of Department of Housing, Community Tenancy Scheme and Aboriginal Housing may qualify for a full Stamp Duty exemption in NSW; A tenant… Read More »NSW Stamp Duty Exemption for Department of Housing
When a property is marketed for sale, the Contract for Sale will state that the property is being sold with either: Vacant possession – meaning… Read More »Selling/Buying Subject to Tenancy
KEY TAKE-OUTS: I wish to purchase but I don’t have the cash to pay a deposit What is a deposit bond What other options do… Read More »Can you invest in property without a cash deposit?
In this edition of Coutts LawCast, Licensed Conveyancer & JP, Christine Bassett discusses what you need to know about purchasing or selling with unapproved structures… Read More »Purchasing or Selling with Unapproved structures
What happens if you don’t make the settlement date? If a party is not ready to settle on the day of settlement, that party is… Read More »What is a Notice to Complete?
In this video, Coutts’ Managing Partner Adriana Care talks with Christine Bassett, a Licensed Conveyancer and Justice of the Peace in our Narellan office.
What is a Put and Call Option Agreement? A Put and Call Option is an agreement between the vendor, known as the “Grantor”, and another… Read More »Put and Call Option Agreements – what is it?
Is GST charged on residential property? If you are a vendor who is selling new residential premises or potential residential land, you may need to… Read More »What is GST Residential Withholding?
Vendor disclosure obligations NSW In New South Wales, a vendor is obliged to disclose any structures built without approval from the relevant authority and disclose… Read More »Buying or Selling a House with Unapproved or Non-compliant Structures in NSW
KEY TAKE-OUTS What is a Mine Subsidence area? How do I know if my land is in a Mine Subsidence District? What does it mean… Read More »Before buying or building property in Mine Subsidence Districts Read This!
Understanding property damage risk for purchasers in NSW When does the purchaser assume risk of property damage? In NSW when a purchaser enters into a… Read More »Property damage before settlement: can you rescind the contract?
Vendor finance is when a purchaser acquires the funds to purchase a property not from a bank or standard lender but from the vendor/seller itself.… Read More »Vendor Finance – What is it? How does it work?
KEY TAKE-OUTS Idle land grab – Can you make a claim for ownership? Adverse Possession – Can you possess it? What are the steps and… Read More »Idle Land – Can I Claim Ownership?
In this episode of Coutts Lawcast, Licensed Conveyancer Christine Johnsen gives advice to first home buyers on what they need to know when purchasing a… Read More »What First Home Buyers Need to Know Right Now
Co-written by Kay Vitogiannis KEY TAKE-OUTS: The process when selling or buying a property can be daunting, especially when you are thrown legal language from… Read More »A Guide to Commonly Used Legal Language
Co-written by Kay Vitogiannis KEY TAKE-OUTS: What is Gazumping? What does it mean for purchasers and how to protect them from being “Gazumped”? Is Gazumping… Read More »Gazumping in NSW