What is an ‘off-the-plan’ contract?
Buying a lot “off-the-plan”, in essence, means the precise piece of land does not, as at the date of the contract, have its own individual l
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Andrews Crosthwaite
Jul 163 min read
What is the Commercial and Industrial Property Tax?
The Commercial and Industrial Property Tax is a new reform that transitions away from stamp duty for commercial and industrial properties
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Andrews Crosthwaite
Mar 261 min read
What is a covenant on title?
Where a certificate of title is encumbered by a covenant, it is to be noted that this is a binding restriction that binds any and all owners
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Andrews Crosthwaite
Dec 6, 20233 min read
What happens to co-owned land when one owner wants to sell, but the other does not?
VCAT offers a dispute resolution mechanism for co-owners who are disputing how to manage co-owned land. Our office can assist in applying.
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Andrews Crosthwaite
Oct 25, 20232 min read
What is VOI?
Verification of Identity commonly referred to as “VOI”, is an e-conveyancing compliance requirement for buyers and sellers of property.
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Andrews Crosthwaite
Aug 16, 20232 min read
What is an electronic Certificate of Title (eCT)?
A Certificate of Title is a person’s record of ownership.
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ASAP Lawyers
Aug 7, 20233 min read
What is a Section 173 agreement?
A Section 173 Agreement is an agreement, impacting a specific piece of land and recorded against the title to that land.
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ASAP Lawyers
Jul 17, 20231 min read
What is the cooling-off period?
The cooling-off period is a right that allows a Purchaser to end the contract within three clear business days of the day of execution.
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ASAP Lawyers
Mar 20, 20234 min read
What is Land Tax?
Land Tax is a state-based tax. In Victoria, it is administered and collected by the State Revenue Office (“SRO”).
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ASAP Lawyers
Mar 8, 20232 min read
What is a going concern when selling your property?
The sale of most items in our economy are subject to GST. However, exemptions include a going concern (meaning an ongoing active business).
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The Brand Bar
Feb 8, 20232 min read
I’ve lost my Certificate of Title – what do I do now?
To replace the Certificate of Title, an application to the Land Titles Office can be made for a replacement.
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ASAP Lawyers
Nov 7, 20223 min read
What is a Section 32 Statement/Vendor Statement?
A Vendor Statement discloses specific information so as to allow the purchaser to make an informed decision regarding a property.
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ASAP Lawyers
Sep 29, 20222 min read
Solicitor or Conveyancer? Who do I need to help me purchase or sell my property?
When selling or purchasing a property, conveyancing is needed for the process of exchanging ownership of that property.
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ASAP Lawyers
Sep 12, 20222 min read
What happens at an electronic conveyancing settlement?
All property settlements are now conducted online via Property Exchange Australia. PEXA facilitates uniform and paper-free transactions.
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ASAP Lawyers
Aug 15, 20222 min read
What to consider when buying a property unconditional as to finance
Most purchasers of real estate rely heavily on borrowing funds from lenders to complete the transaction.
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ASAP Lawyers
Aug 3, 20222 min read
What is a mortgage?
A mortgage is a loan in which property is used as collateral.
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ASAP Lawyers
Jul 18, 20222 min read
Buying at or before an auction
the very nature of an auction can create inherent risks for a purchaser and it is important for purchasers to consider the following items.
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ASAP Lawyers
Jul 12, 20223 min read
The Lawyer’s Role in Subdivisions
If you currently have one or more parcels of land that you would like reconfigured, this can be done by a process referred to as subdivision
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ASAP Lawyers
Jul 11, 20223 min read
Why is it Important to have a Loan Agreement?
It is essential that a formal loan agreement be entered by parties intending to lend or borrow money.
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ASAP Lawyers
Jun 2, 20223 min read
What is a caveat?
A caveat is a notice of an interest in the property. It can be registered on the title of the property if you have a caveatable interest.
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