Articles
Ending a Partnership
A partnership is a type of business structure where two or more people operate a business together. However, no matter how strong the business relationship may seem initially, it may sour for a number of reasons including: * financial disputes * different visions and...
Acting for Spouses in Property Transactions
Often, I am contacted by one spouse about a property transaction such as the purchase or sale of a family home. Sometimes, that spouse is surprised when I say that I have to speak to the other spouse to confirm the instructions to buy or sell. That caution is...
Transferring Real Estate Without a Contract
Normally, when two parties agree on a price for one to sell their real estate property to the the other, in NSW they enter into a Contract published by the Law Society of NSW and the Real Estate Institute and prepared by a solicitor or a conveyancer. It sets...
Superannuation Death Benefits and Deceased Estates
Many people are not aware that a person's superannuation is not an asset of that person's estate when he or she dies. Upon the death of the superannuation fund member, the fund will pay a death benefit, which can be a considerable amount of money, to either a person...
Can You Get a Contract Changed Before an Auction?
There are two ways for a property to be sold; either by private treaty or by public auction. In the case of private treaty, a property is advertised by an agent with a set price or price range. Buyers can negotiate the price and, once an offer is accepted by the...