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New South Wales

Blogs relevant to Conveyancing in New South Wales.

DO NOT FLUSH YOUR MONEY DOWN THE TOILET – IT PAYS TO ENSURE IT WILL NOT BE DEEMED TO BE A FOREIGN ENTITY

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 …

DO NOT FLUSH YOUR MONEY DOWN THE TOILET – IT PAYS TO ENSURE IT WILL NOT BE DEEMED TO BE A FOREIGN ENTITY Read More »

BUYING IN A BODY CORPORATE? WHAT BY-LAWS WILL YOU BE SUBJECT TO?

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 …

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