Articles
Should You Get Your Solicitor to Review a Property Contract?
I often receive phone calls from people who say they have found a property they are interested in buying and want me to review and advise them on the Contract. When I ask them if they have made an offer which has been accepted, usually the answer is no. Many...
What is an Off-The-Plan Purchase?
Most often people buy an existing property. However, when someone decides to purchase a property, such as a home unit, before it has even been constructed then they are selecting it off a plan that is presented to them. In New South Wales a vendor must give...
Beware of Agents Bearing Buyers
There is a practice engaged in by some real estate agents of contacting the owner of a property and informing them that the agent has an interested buyer of the property at a price that immediately sparks the owner's interest. The agent then signs up the owner to an...
Options to Renew in Leases
Often a retail or commercial Lease will contain an option to renew which is a right of the tenant to obtain one or more additional Lease terms provided the tenant gives the landlord a written notice exercising the option within a specified time frame. If the tenant...
Two Types of Power of Attorney
I am often asked by people who are going overseas (yes, we used to do that!) or at least leaving home for an extended period or going into hospital about signing a document that allows someone to look after their legal affairs in their absence including signing...