by aslaumbe | Nov 9, 2021 | Articles, Conveyancing Articles, Strata Matters & Dispute Articles
These days, if you are considering buying a strata property, the owner is likely to have already purchased a strata report and for a small fee you can obtain a copy online through the agent. A strata report is a review of the records of the Owners Corporation which...
by aslaumbe | Nov 9, 2021 | Articles, Conveyancing Articles
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...
by aslaumbe | Aug 29, 2021 | Articles, Conveyancing Articles
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...
by aslaumbe | Jul 8, 2021 | Articles, Conveyancing Articles
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...
by aslaumbe | Nov 23, 2020 | Articles, Conveyancing Articles, Debt Recovery Articles, Litigation Articles
A caveat is a statutory injunction which prevents the registration of certain dealings concerning real property. It acts as a warning to the public that the person who lodged the caveat (the caveator) is claiming an interest in the property for a particular reason. A...
by aslaumbe | Jun 27, 2020 | Articles, Conveyancing Articles
A Building Information Certificate (“BIC”) is issued by a local Council to confirm that it will not take any action for a period of 7 years to have a building (or part of one) demolished, altered, added to or rebuilt, especially where...
