KEY TAKEAWAYS: Your lender or mortgage broker arranges finance, but they do not manage the legal side of settlement. A conveyancer is responsible for coordinating… Read More »Does My Lender or Broker Handle Everything for Settlement?
KEY TAKEAWAYS: A limited title means incomplete verification of ownership, leaving room for undiscovered claims, boundary issues, or easements. Buying property with a limited title… Read More »Limited Title: What It Means and Why It’s Risky When Buying Property
KEY TAKE OUTS: What is gazumping? The impact of gazumping on buyers and sellers How to protect yourself against gazumping In the competitive real… Read More »Understanding Gazumping in New South Wales: What Buyers Need to Know
KEY TAKE OUTS: Understanding what a retirement village is Understanding the buying process for purchasing a property in a retirement village The Pro’s and Con’s… Read More »Purchasing in a Retirement Village: A Comprehensive Guide
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
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?
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?
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?
Updated: Monday 28 April, 2025 Vendor finance is when a purchaser acquires the funds to purchase a property not from a bank or standard lender… 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?
KEY TAKE-OUTS Are you purchasing an off-the-plan apartment but worried about the risk of non-compliance and defects? You can now have peace of mind due… Read More »New Laws to Provide Peace of Mind for Buyers of New or off-the-Plan Apartments
Are you a first home buyer buying with a non-first home buyer, but still want to claim the benefits of the First Home Buyers Assistance… Read More »Shared Equity Arrangements