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What is an ‘off-the-plan’ contract?
Buying a lot “off-the-plan”, in essence, means the precise piece of land does not, as at the date of the contract, have its own individual l
Andrews Crosthwaite
Oct 22, 20244 min read
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What is the Commercial and Industrial Property Tax?
The Commercial and Industrial Property Tax is a new reform that transitions away from stamp duty for commercial and industrial properties
Andrews Crosthwaite
Jul 16, 20243 min read
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What is a covenant on title?
Where a certificate of title is encumbered by a covenant, it is to be noted that this is a binding restriction that binds any and all owners
Andrews Crosthwaite
Mar 26, 20241 min read
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What happens to co-owned land when one owner wants to sell, but the other does not?
VCAT offers a dispute resolution mechanism for co-owners who are disputing how to manage co-owned land. Our office can assist in applying.
Andrews Crosthwaite
Dec 6, 20233 min read
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What is VOI?
Verification of Identity commonly referred to as “VOI”, is an e-conveyancing compliance requirement for buyers and sellers of property.
Andrews Crosthwaite
Oct 25, 20232 min read
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What is an electronic Certificate of Title (eCT)?
A Certificate of Title is a person’s record of ownership.
Andrews Crosthwaite
Aug 16, 20232 min read
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What is a Section 173 agreement?
A Section 173 Agreement is an agreement, impacting a specific piece of land and recorded against the title to that land.
ASAP Lawyers
Aug 7, 20233 min read
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What is the cooling-off period?
The cooling-off period is a right that allows a Purchaser to end the contract within three clear business days of the day of execution.
ASAP Lawyers
Jul 17, 20231 min read
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What is Land Tax?
Land Tax is a state-based tax. In Victoria, it is administered and collected by the State Revenue Office (“SRO”).
ASAP Lawyers
Mar 20, 20234 min read
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What is a going concern when selling your property?
The sale of most items in our economy are subject to GST. However, exemptions include a going concern (meaning an ongoing active business).
ASAP Lawyers
Mar 8, 20232 min read
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I’ve lost my Certificate of Title – what do I do now?
To replace the Certificate of Title, an application to the Land Titles Office can be made for a replacement.
The Brand Bar
Feb 8, 20232 min read
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What is a Section 32 Statement/Vendor Statement?
A Vendor Statement discloses specific information so as to allow the purchaser to make an informed decision regarding a property.
ASAP Lawyers
Nov 7, 20223 min read
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Solicitor or Conveyancer? Who do I need to help me purchase or sell my property?
When selling or purchasing a property, conveyancing is needed for the process of exchanging ownership of that property.
ASAP Lawyers
Sep 29, 20222 min read
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What happens at an electronic conveyancing settlement?
All property settlements are now conducted online via Property Exchange Australia. PEXA facilitates uniform and paper-free transactions.
ASAP Lawyers
Sep 12, 20222 min read
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What to consider when buying a property unconditional as to finance
Most purchasers of real estate rely heavily on borrowing funds from lenders to complete the transaction.
ASAP Lawyers
Aug 15, 20222 min read
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What is a mortgage?
A mortgage is a loan in which property is used as collateral.
ASAP Lawyers
Aug 3, 20222 min read
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Buying at or before an auction
the very nature of an auction can create inherent risks for a purchaser and it is important for purchasers to consider the following items.
ASAP Lawyers
Jul 18, 20222 min read
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The Lawyer’s Role in Subdivisions
If you currently have one or more parcels of land that you would like reconfigured, this can be done by a process referred to as subdivision
ASAP Lawyers
Jul 12, 20223 min read
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Why is it Important to have a Loan Agreement?
It is essential that a formal loan agreement be entered by parties intending to lend or borrow money.
ASAP Lawyers
Jul 11, 20223 min read
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What is a caveat?
A caveat is a notice of an interest in the property. It can be registered on the title of the property if you have a caveatable interest.
ASAP Lawyers
Jun 2, 20223 min read
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