Blogs relevant to Conveyancing in New South Wales.
Whether you are buying in Queensland, New South Wales, or Victoria, we have listed the top six tips to help you secure your dream property. 1. BUILD THE RIGHT TEAM Purchasing a property is stressful and tiring and you want to know that you have the right team of professionals on your side. We recommend …
Transfer duty (also known as stamp duty or, in Victoria, land transfer duty) is a state tax charged when purchasing property in Queensland, New South Wales and Victoria. Before purchasing a property, it is important to know what transfer duty your transaction will be subject to – it is often a sizeable figure and should …
When purchasing residential property in Queensland, New South Wales or Victoria, significant additional taxes may be payable if the buying entity is deemed foreign. We’ve set out a break down below of what constitutes a foreign entity across the states and the implications. Queensland What is a foreign corporation? A foreign corporation is one that …
Whether you are selling in Queensland, New South Wales, or Victoria, we have listed the top five tips to ensure your sale goes smoothly. 1. SPRUCE UP YOUR PROPERTY Before you bring valuers and agents through a property, ensure it is presented in the best possible way. This may mean completing any repairs, de-cluttering, having …
Australia might be one country, however there are substantial differences when it comes to the law around property transactions across the States. 1. WHO PREPARES THE CONTRACT OF SALE In QLD, contracts are drafted by agents and while against our advice, parties often sign a contract without it being reviewed by a lawyer. In NSW, …
9# DIFFERENCES IN CONVEYANCING BETWEEN QLD, NSW & VIC Read More »
As part of the contract negotiations, you may have agreed to let the seller rent back the property for a period of time following settlement. How this arrangement is formalised will depend on how long the seller will rent back the property. 28 DAYS OR LESS For a rent back of 28 days or less, …
ARE YOU RENTING BACK YOUR NEW PROPERTY TO THE SELLER AFTER SETTLEMENT? Read More »
It is always crazy how quickly Christmas lands on our doorstep each year. At MAP Lawyers, we need to be very conscious when we are approaching the Christmas period as there are a number of items that can impact our clients. New South Wales AND Victoria In New South Wales and Victoria, the definition of …
To save you time, money and stress, we have set out below the top errors to avoid when selling a home. #1 Rushing into signing the contract You’ve got an offer for your property and want to get the contract signed as soon as possible. However, it’s important to check a few critical items before …
Purchasing a house is a very exciting time but it can also be quite daunting and it’s easy for mistakes to happen that will cost you time, money and stress. To help you avoid these pitfalls, we’ve set out the top issues to look out for when you’re entering a contract: #1 Rushing into signing …
TOP 3 MISTAKES MADE BY BUYERS WHEN ENTERING A CONTRACT Read More »
Firstly, what are by-laws? Body corporates are regulated by both legislation, which impacts all schemes, and by-laws, which are internal rules for each body corporate. By-laws provide regulation for a number of matters, including: The use of shared spaces (e.g. pools and BBQ areas, visitor carparking) Keeping of animals Noise Changes to each lot’s external …
BUYING IN A BODY CORPORATE? WHAT BY-LAWS WILL YOU BE SUBJECT TO? Read More »
