by aslaumbe | Sep 29, 2022 | Articles, Conveyancing Articles
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...
by aslaumbe | Jul 22, 2022 | Articles, Commercial Agreement & Dispute Articles, Conveyancing Articles
Tricky situations can arise when a solicitor is asked to act for more than one party to a transaction. It is a breach of a solicitor’s fiduciary duty to act where the solicitor is in a position of conflict between the duty owed to one client and the duty owed to...
by aslaumbe | Jul 22, 2022 | Articles, Conveyancing Articles
If you own a strata property like a home unit then you are entitled to vote at strata meetings, such as the annual general meeting, where all the owners make decisions about the strata scheme including setting levies and upcoming repairs and maintenance. However,...
by aslaumbe | May 23, 2022 | Articles, Conveyancing Articles
You may be aware that if you purchase a residential property in NSW there will be a 5 business day cooling off period (10 days for off-the-plan contracts) during which you can make various enquiries and then rescind the Contract if you wish before the cooling...
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...
