Home / Legal (page 2)

Legal

Asset protection – you’ve earned it, now keep it

Our story on estate planning obviously got us thinking about our loved ones and our assets, including the biggie of our property portfolios. After all that hard work during a lifetime building up your asset base, will those you love actually receive what you've left for them when that final curtain call comes?

Read More »

Honesty is the best investment policy

The resurgence of interest in commercial property has become a real barometer of the strength of the recovering real estate market. Ownership of this class of property is also becoming a badge of prosperity among investors.

Read More »

How to minimise building defect risks

Building defects can be one of the most significant risks you face as a property investor, particularly when buying a newly constructed house or apartment, because defects may not be immediately apparent.

Read More »

The fine art of killing a contract

There are, in my experience, three immutable rules of real estate. The first is that salespeople move fast. The second is that solicitors move slowly. And the third, frequently the reason for the first two, is that clients can change their minds about apparently binding property deals.

Read More »

Do family trusts live forever?

Many of the trusts established by baby boomers are now halfway through their life. In recent years there has developed a dialogue about this limitation which is now becoming a source of some angst among some investors and their professional advisers.

Read More »

A couple’s boundary battle

It was the heart of this Aussie family's castle, but now it was about to be taken away. The Jones family was left reeling after a council officer showed up on their doorstep to inform them they were about to lose most of their precious backyard.

Read More »

Winning auction bidders beware

Victorian solicitor Peter Mericka was correct when he stated in his ‘Auctions exposed as non-binding’ story that, as every agent, auctioneer, solicitor and conveyancer knows, a contract for the sale of real estate must be in writing and signed before it can be enforced.

Read More »

Is it privacy or secrecy?

What do you do when your property has been listed for sale and your agent refuses, on the basis of the Privacy Act, to give you the names of prospective buyers introduced to your property?

Read More »

Legal loopholes

Last month, we pointed out five possible 'escape hatches' for buyers wanting to legally exit a contract. Here are seven more.

Read More »