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Tag: General Property and Leasing

1. Download and complete the Transfer from the Land Information System Tasmania (LIST). 2. Send the completed Transfer to the State Revenue Office to be noted for stamp duty. If you are seeking an exemption of duty, for example, for a transfer being made pursuant to a binding Financial Agreement or for transfer of the […]

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Purchasing a large piece of machinery or equipment can be expensive.  But it may not be out of reach if you can team up with a group of like minded investors who share your dream. Co-ownership is a great idea and can help you own your piece of :- An Aircraft; A Boat or marine […]

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This article discusses the unilateral severance of a joint tenancy:  what it is, when to do it and why and how a joint tenancy can be severed. But first:  joint tenancy – what is it? When you co-own real estate with another person/s, you can nominate to hold as:- Joint tenants; or Tenants in common. […]

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Guarantees are used in a variety of situations to secure a loan, lease or the performance of a contractual obligation. However, if you are considering becoming a guarantor, it is important you understand your responsibilities under the agreement, as there are certain risks involved. What is a guarantor? An individual or company that ensures the […]

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Back to Part 1 How does the PPSA affect you? Before the PPS (Personal Property and Securities) Act, the finance company would not have been able to enforce security in the caterpillar equipment.  This is summarised by that most ancient dictum, “you can’t give that which you don’t have”.  Now, however, it seems that this […]

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Leases and Licences are types of agreements that can be used to allow a person to occupy land or a building owned by another in return for rent or a licence fee. If you are thinking of implementing either a Lease or a License, you should be aware of the differences of each of these […]

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Prospective landlords often believe that trusting a property manager to oversee their investment property is the best course of action. But hiring a poor property manager can be a risky move if they turn good tenants into nightmare tenants.  There are three good reasons why a poor property manager is a risk to your sanity […]

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Are you thinking about investing in property with family or friends? There are some great reasons to invest as a team.  Pooling your resources can:- get you started in the property market; increase your buying power; increase your borrowing capacity; widen the knowledge, skills and expertise you have access to; reduce your overheads such as […]

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1. Download and complete the Transfer form from the Department of Land and Property Information website. 2. Send the completed Transfer to the Office of State Revenue (OSR) to be noted for stamp duty. If you are seeking an exemption of duty, for example, for a transfer being made pursuant to a binding Financial Agreement […]

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If you own a car in a busy city, you probably find car parking spaces hard to come by, and expensive. A common solution to this problem is to make a private arrangement with another party to secure a permanent car parking space in return for a weekly or monthly licence fee. Alternatively, you may […]

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