7 things to look out for in a Strata Report

It is imperative for any buyer who is looking to purchase a strata property to purchase a strata report detailing the actual and expected financial liabilities of the Body Corporate that the purchaser will be joining. A strata report should also outline any non-compliance with regulations, disharmonies among the unitholders, litigation against builders or tradespersons as well as any peculiar aspects of the apartments by-laws.

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    PEXA hit with conveyancing fraud

    25 Jun

      Although there has been a number of frauds in conveyancing transactions over recent years, an incident involving a former MasterChef contestant hit the headlines […]

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    Release of Deposit Clauses – What are the Risks?

    9 Apr

      Introduction ‘Release of deposit clauses’ are becoming increasing common in property transactions today. A  release of deposit clause allows a vendor of a property […]

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    Air BnB – Is it legal?

    11 Mar

    It has become very common for vendors to advertise properties as ‘perfect for AirBnB or short-term rental’. But very often this is being done without […]

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    7 things to look out for in a Strata Report

    23 Jan

    It is imperative for any buyer who is looking to purchase a strata property to purchase a strata report detailing the actual and expected financial […]

    Read More
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    Why a vendor’s solicitor should always talk to the auctioneer

    28 Dec

    The recent case of SAMM Property Holdings Pty Ltd v Shaye Properties Pty Ltd [2016] NSWSC 362 showed how important it is for vendor’s solicitors to keep […]

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    Reduced Deposits: what is the law in NSW?

    28 Oct

      Perhaps due to the high prices of residential property in NSW, particularly Sydney, it has become increasingly common for purchasers to request, and vendors […]

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    What are estate agents’ legal requirements to collect their vendors’ ID?

    1 Sep

    The NSW Department of Fair Trading issued the ‘Real Estate Fraud Prevention Guidelines’ in 2013. They guidelines state that agents should: Conduct an identity check face […]

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Blog 2018-01-24T20:04:07+00:00

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