by aslaumbe | Jun 27, 2018 | Conveyancing News, News
Purchasers Required To Withhold GST on Settlement Purchasers of real property are already required to withhold from vendors an amount equal to 12.5% of the purchase price on account of the vendor’s capital gains tax liability and send it to the Australian Tax...
by aslaumbe | Dec 8, 2017 | Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles, Conveyancing News, Leases News, Ligitations News, News
Unfair Contract Terms in a Business to Business Contract In a recent Federal Court case, Australian Competition and Consumer Commission v J J Richards & Sons Pty Ltd [2017] FCA 1224, the Federal Court found that a number of terms in a standard form contract...
by aslaumbe | Jul 3, 2017 | Business Sale & Purchase News, Commercial Agreement & Disputes News, Conveyancing News, Leases News, Ligitations News, News
Changes to Retail Leases Act The Retail Leases Act 1994 applies to most retail shop leases in NSW. Amending legislation, which commenced on 1 July 2017, introduces significant reforms including the following changes: * The requirement that a retail lease must...
by aslaumbe | Jun 7, 2017 | Conveyancing News, News
Change to Foreign Resident Capital Gains Tax Withholding For those of you considering buying or selling real estate in the near future you may be aware that there is a Foreign Resident Capital Gains Withholding (“FRCGW”) which, in the case of real...
by aslaumbe | Nov 1, 2016 | Conveyancing News, News
New Strata Laws On 30 November 2016 new laws (the Strata Schemes Development Act 2015 and the Strata Schemes Management Act 2015) affecting strata schemes in NSW will commence. Some of the changes include: 1. The executive committee will be known as the strata...
by aslaumbe | Feb 4, 2016 | Conveyancing News, News
New Laws to Stop Agents Underquoting From 1 January 2016 changes to the Property , Stock and Business Agents Act 2002 commenced so as to prohibit real estate agents from engaging in underquoting i.e. when an agent intentionally understates the estimated selling...
