Navigating the complexities of property transactions in Victoria can be challenging, especially when it comes to the early release of deposits. While vendors may be eager to access funds before settlement, the process is governed by strict statutory requirements under Section 27 of the Sale of Land Act 1962 (Vic). Recent court decisions, including the case of GLP Batesford Holdings Pty Ltd v 68 Bridge Road Land Pty Ltd, have highlighted the risks of attempting to bypass these

When disputes arise in contractual matters, particularly in sales transactions, it is essential to understand the distinction between rescission and repudiation. ile both terms relate to the termination of a contract, they differ significantly in their legal implications and the circumstances under which they apply.

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.

The sale of most items in our economy are subject to GST. However, exemptions include a going concern (meaning an ongoing active business).

A Vendor Statement discloses specific information so as to allow the purchaser to make an informed decision regarding a property.

When selling or purchasing a property, conveyancing is needed for the process of exchanging ownership of that property.

Types of ownership of jointly owned property.

Purchasers are required to withhold GST and remit it to the ATO on the purchase of new residential premises or potential residential land.

Moving into a new property is an exciting and busy time in one’s life. Therefore, it is important to note and understand which services...

Moving into a new property is an exciting and busy time in one’s life. Therefore, it is important to note and understand which services...

Electronic conveyancing or “e-conveyancing” is an online platform provided by Property Exchange Australia Limited (PEXA), where...