Property & Conveyancing

Transfer Duty (formerly Stamp Duty) Exemptions and Family Law

Transfer duty is payable on property transactions in NSW. It is administered by Revenue NSW. Transfer duty is payable when you buy: Property Investment property Vacant land or farming property Commercial or industrial property; or A business, including land This is relevant in a family law property settlement, when one party seeks to retain the …

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Fencing Disputes “Good Fences Make Good Neighbours”

When buying a property, you often look to the location, views, amenity and the structure of the house.  What is often overlooked is the fence dividing the property with the neighbour. What is unknown is how your neighbour will react if there is a problem with the fence.  One of the more common problems people …

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New Requirements for off the plan Contracts entered into after 1 December 2019

An off the plan purchase is where a property is sold without the lot being created at the time the Contract was entered. From the 1 December 2019 Vendors are to have the following annexed to the Contract:- Disclosure Statement https://www.registrargeneral.nsw.gov.au/__data/assets/pdf_file/0006/567663/Disclosure-Statement-Form-Off-the-Plan-Contracts.pdf A draft plan prepared by a surveyor. Any restrictions or easements are to be …

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What can you take with you when you sell your property?

Unless the Contract is marked about a particular item staying at the property, you can generally take items that are easily moved and don’t cause any damage to the property when being removed. This includes standard personal items such as: Furniture Fridges Washing machines Pot plants Televisions (however if they are on a bracket, the …

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When Does My Development Consent Expire And Is It Important?

What is a Development Consent? A Development Consent is a valuable asset.  The terms of the Consent is governed by the Environmental Planning and Assessment Act and by the conditions which are included in the Consent document itself. A question that is often asked is how long is the Consent valid for?  This can happen …

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First Home Buyers – Things Western Sydney buyers need to know!

Are you purchasing a property for the first time? If the answer is yes, you may be entitled to apply for a concessional rate of stamp duty or even an exemption from paying stamp duty altogether. Under the First Home Buyers Assistance Scheme if they are purchasing a property for the first time and the …

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