Articles
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...
What Happens if an Owners Corporation Fails to Look After Common Property?
From time to time an owners corporation may not properly look after common property in a strata scheme which would comprise everything other than the insides of individual lots including external and boundary walls, driveways, pipes, electrical wiring and original...