Estate planning is critical to think about at a number of different stages in our life. Most people do not like to think about these things while they are fit, young and healthy, however it is essential that Read more
A month ago we blogged about the changes to come into force from 1 July 2016 for Vendors selling properties worth $2 million or more.
The online form has been released today and can be accessed here Read more
Most people we know jump online to buy their favourite shoes, clothes or makeup. Why do we do this? Because it is so convenient, you can get what you want when you want it and it all comes delivered Read more
Why is a Will important?
Most people put off doing things they don’t like or which seem like an administrative chore. Drafting a Will is usually one of these things. The process is really not that Read more
The Contract for the Sale and Purchase of Land contains standard clauses which are in the form issued by the Law Society of NSW and the Real Estate Institute of NSW. There are various editions of the Contract Read more
A couple of weeks ago we wrote about the importance of obtaining a pre-purchase strata inspection report, you can read about that again here. One aspect covered by a strata inspection report is the levies payable Read more
A lot of our clients come to us all ready to buy a unit or townhouse in a strata complex but they haven’t yet engaged a strata inspection company to prepare a report on the owners corporation. This Read more
Changes are due to be brought in from 1 July 2016 which will affect properties that are sold with a value at or above $2 million. A new edition of the Contract for Sale of Land will be Read more
The times they are a changing……wheels are set in motion for conveyancing transactions (whether you are buying or selling or transferring property) to be conducted on an online electronic platform known as PEXA. In the future, this Read more
A lot of our clients come to us all ready to buy a unit or townhouse in a strata complex but they haven’t yet engaged a strata inspection company to prepare a report on the owners corporation. This is Read more
When we meet a client who has been appointed as an Executor under a Will, the most frequent question we are asked is – how long will it take to obtain a grant of probate?
Sometimes, by Read more
Over the weekend, the newspaper reported that the NSW government is backing an “UberX” of property industry to help buyers save money when it comes to obtaining pre-purchase inspection reports. A link to that article is here: http://www.smh.com.au/nsw/nsw-government-backs-uberx-of-property-industry-to-help-home-buyers-save-money-20160331-gnvqba.html Read more
About a year ago you might remember hearing that changes to swimming pool legislation were due to come into force in respect of swimming pool compliance. For a number of reasons this legislation was deferred for a year, however, Read more
Many people find that they are appointed as an executor under a Will but they have little understanding of the deceased’s assets and affairs. This blog provides some tips for the more common types of assets held by the Read more
Insurance is an interesting proposition when progressing through a conveyancing transaction. The lawyers here at ClickLaw always recommend obtaining insurance when acting for a purchaser as soon as the contract has been exchanged.
Whilst in New South Read more
When reviewing a contract for a purchaser, we often find hidden away in a special condition a clause that allows the release of a deposit directly to the vendor. It may not seem like a big issue Read more
In New South Wales, it is traditional for a purchaser to contribute a deposit of 10% of the purchase price on entering into a contract for the purchase of a property. But why 10%? In short, it has been Read more
During the conveyancing process, the lawyers here at ClickLaw are often asked “so what exactly am I buying”? Most contracts for the sale of land in NSW are at least 50 or more pages long and it Read more
Many people have heard of the word probate but are unsure of what it really means. In short, a grant of probate is issued by a Court following the death of a person and relates to the Read more
Property developers are without doubt a creative bunch of people. Many that we here at ClickLaw work with are exceptionally astute at putting together what can be a complicated jigsaw puzzle of land pieces. When a developer subdivides (and Read more
So you have found the perfect home, been successful at an auction or used those famous negotiation skills to get to a good deal. You’ve paid the deposit and have the moving truck packed and leaving your curbside bound Read more
Whilst Old System Title has all but disappeared (thankfully) from NSW over the past few decades, every now and then we see a title search noting that it is “Limited Title”. So what does this mean? And is there Read more
If you are looking to buy a commercial property with a tenant in it, you may have come across the terms “Net Lease” and “Gross Lease”. But what do they mean? Funnily enough they are actually very important terms Read more
Seems pretty obvious hey, but maybe it’s not exactly what you think. In NSW the term “residential property” is defined in the Conveyancing Act 1919 as:
(a) land on which are situated (or in the course of construction) not Read more
Investing in property can be a very rewarding experience but you need to be careful. I’m no financial guru but it seems that the best way to put a price on a property is to work out the Read more
So the stress of packing is over and your stuff is all on the truck. Inevitably its either stinking hot or freezing cold…or raining. Either way, a few harsh words have been said between friends but nothing that a Read more
When someone passes away leaving a will, it is usual for an executor to be appointed to manage the affairs of the estate. If you are appointed as an executor for the first time, it is likely that you Read more
After you have found the perfect property, a common question to ponder is whether the building or buildings that you are intending to move into have been built correctly and approved by the relevant authorities. Whilst us lawyers would Read more
In NSW land ownership is predominantly based on the Torrens title system of ownership by registration. In effect this means that if you are registered as the owner on the certificate of title, you have absolute proof Read more
We previously posted an article outlining the differences between a joint tenant and tenants in common. By way of a brief re-cap, in NSW if you are a co-owner under a joint tenancy and your co-owner unfortunately passes Read more