JOINT TENANTS OR TENANTS IN COMMON

Joint tenants or tenants in common If you have more than two purchasers buying a property, you must decide whether you want to hold the property as ‘Joint Tenants’ or as ‘Tenants in Common’. There are benefits and/or consequences associated with each – below is a summary of the differences:   Survivorship Joint Tenants –…

plant and coins in a cup

HomeBuilder Scheme Unveiled

HomeBuilder Scheme Unveiled Details of the much-anticipated HomeBuilder Scheme was been revealed last night. To be eligible for the $25,000.00 HomeBuilder Grant, you must: 1. Be an Australian citizen aged 18 years or older and be an individual, not a company or trust; and 2. Be on an annual income of less than $200,000 for…