Due to reforms made by the NSW Government, when marketing a residential property from 1 January 2016, agents must ensure the following: The estimated selling price must be provided in the agency agreement and the agent must give the seller evidence of the reasonableness of this estimate; The estimated selling price can be represented as either …
New laws against under-quoting by real estate agents Read More »
Due to changes in the Swimming Pools Act 1992 (NSW), from 29 October 2013, swimming pools and spas will be required to be registered via an online register of pools. This applies to all pools, not just new ones. The Act also sets out that from 29 April 2016, all contracts for sale for property that …
Following a Federal Government initiative to harmonise retail shop disclosure statements, a new disclosure statement has been introduced across Australia’s eastern seaboard in Queensland, Victoria and New South Wales.
The Swimming Pool Amendment Bill, currently awaiting enactment, provides that all swimming pools across the state are to be added to a new online registry within 12 months. Property owners who don’t register their pools within that time frame will face fines of $2,200.00. Safety compliance will also be carried out by councils and private …
From 1 January 2012, the First Home Plus Scheme will be replaced by the First Home- New Home Scheme. The amendment provides that an agreement or transfer will only be eligible for concession or exemption if the property being purchased is a new home or vacant land to be used as the site for a …
Buying a home is one of the most expensive and important investment decisions that most people will make in their lives. When you find your ideal property, contact us at Adams & Partners Lawyers to receive competent advice and explanation about the transaction.
Following on from our sales diagram, our team has put together a handy flowchart of the purchase process for residential real estate!
What Are Enquiry Reports? When purchasing second hand freehold and strata properties (such as units and villas) it is highly recommended that a purchaser order pre exchange enquiry reports.
When you decide to sell your property, whether it is a house, unit or block of land, there are many things for you to organise. Our aim at Adams & Partners Lawyers is to make this transaction as easy as possible, ensuring a “stress free” period during your sale.
The team has put together a handy flowchart for the sale of residential real estate. Check it out here!
