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Tag: Residential

The NSW department of Fair Work have released an updated guide to Strata living – 2018. Click the image to download the Strata Living Guide This updated guide includes a wealth of information including: What is a strata scheme? Before buying into a strata scheme Common property The owners corporation The executive Committee Responsibilities of […]

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1 Download and complete the Transfer from LandGate WA. 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 or for transfer of the matrimonial home, […]

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No matter what age your children are, you’ll inevitably worry about their finances and future security. If your children are adults who have yet to achieve the ‘Great Australian Dream’, your worries may be escalating along with (the almost daily news) of real estate bubbles and surging house prices. When you take into account the […]

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1. Download and complete the Transfer from the Land Titles Office. 2. Send the completed Transferto the 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 matrimonial home, you may […]

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The two main types of co-ownership in Australia are:- Tenants in common; or Joint tenants. When you purchase a property with someone else, you can nominate how your interest in the property will be held:  either as joint tenants or tenants in common.  This will be recorded on the Certificate of Title. Whether you elect […]

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As a landlord, you invest time in screening suitable tenants, decide who is best placed to look after your investment property and subsequently enter into a lease agreement. However, with the rise of Airbnb and the sharing economy, you may be unaware of how your property is actually being used. If your tenants sub-let the […]

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If you’re a tenant and want to spruce up your rented home, then there are a few things you need to be aware of before you make any alterations to the premises. The term ‘alterations’ refers to the installation of fixtures or fittings (such as air conditioning units for the hot summer months ahead), or […]

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1. Download and complete the the following forms from Titles Queensland. Form 1 – Transfer Form 24 – Property information (transfer) Form 25 – Foreign ownership information (only complete this form if the transferee is a foreign person 2. Transfer duty, or stamp duty, is a tax that applies to a transfer of dutiable property. […]

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“Assigning” and “subletting” may sound like similar terms, but they are vastly different and serve a different function. Click to see Larger Version In an Assignment of Lease – the tenant steps out of the Lease and a new third party called the Assignee steps into their shoes. The Assignee takes over the rights and […]

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“As you have asked for questions, i wonder if you can help me with the requirements for resigning a residential lease. If so, how should this be worded? Many thanks for your newsletter, it is always interesting and enlightening.” Answer: Thanks for your question, Do tenants need to sign a whole new lease, or just […]

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