In some instances the courts may impose an easement or access order when conflict arises over access to neighbouring land and negotiations between the parties have failed. For example, if a house is built up against or very close to the neighbouring property, it may be necessary for the owners to enter the neighbouring land […]
With the resolution announced by Randwick Council on 17 April 2018 to change its LEP and allow subdivision of company title duplexes approved prior to 8 July 2018, I have been inundated with enquiries from company title property owners looking for more information on the process involved for them to convert their property. I have […]
No Stamp Duty on Transfer of subdivided company title property to shareholders With the recent publication of the new Low Rise Medium Density Housing Code, there may well be a flurry of activity in subdivision of company title duplexes in the Randwick Council area particularly around the suburbs of Little Bay, Chifley, Matraville and Malabar. […]
The NSW Government has a range of measures in place to improve housing affordability for certain classes of property purchasers. The policies take into account the difficulties first home buyers, in particular, face in entering the market along with the state’s growing population and the need to ensure new infrastructure and transport links remain close […]
As a result of changes introduced in the 2017 Budget, for agreements entered into for the purchase of residential real estate on or after 1 July 2017, the purchaser duty surcharge rate has increased from 4 per cent to 8 per cent. The surcharge is in addition to the duty payable on the purchase of residential […]
The State Government has announced in the NSW State Budget that they will be making significant changes to the First Home Buyers.
In the past few months, there has been an exponential increase in the sale of units ‘off the plan’.
A trust is a relationship where a person (the Trustee) is under an obligation to hold property for the benefit of other persons (the Beneficiaries).
Company Title home units are found in buildings owned by companies registered under the Corporations Act.
We often have clients instruct us to act for them in disputes with their neighbours.
First home – New home scheme – Changes to the first home buyers scheme in New South Wales from 1 January 2012
From 1 January 2012 the “First Home Plus” scheme currently in place in New South Wales will no longer apply.