Articles

Read the latest information relating to property, conveyancing and general commercial law.

Land Tax Reforms Commence – 1st July 2020

06 Jul 2020

For those previously concerned about the impacts of the recent Land Tax Reforms, the COVID-19 crisis put those concerns aside whilst we all had to deal with something more serious.  Now that the short-term effects of COVID-19 seem to be ending, the much anticipated Land Tax Reforms have commenced practical operation from the 1st July…

PREPARING FOR THE UNKNOWN: How the Coronavirus may impact your business

19 Mar 2020

The strategic response to the increasing spread of COVID-19 is rapidly evolving in Australia and overseas to protect the community and those most vulnerable.  Almost all of us will be impacted in some way as the restrictions have an inevitable economic cost and there remains prevailing uncertainty while the virus is uncontained.  One thing we…

BUYING PROPERTY WITH A PARTNER, PROTECT YOUR ASSETS

11 Nov 2019

Are you planning on purchasing a property with a partner, to live in or as an investment? Are the contributions to the property by each party (either initial or ongoing) unequal? Are you satisfied that your financial interests and assets you have acquired prior to the relationship are protected? Are you concerned that you may…

WHEN SALES TALK IS NOT ‘MERE PUFFERY’

16 Oct 2019

Written By Andrew Dunncliff A statement by a real estate sales agent to a potential purchaser or in advertising may be only sales talk (called “puffery”) or it may actually be a statement of fact. Sales talk is language used that no reasonable person should take literally and rely on. “A charming house in a…

PROPOSED LAND TAX AGGREGATION LAWS FOR SA

18 Sep 2019

Written by Elias Farah, Principal Partner The South Australian State Government announced on 18 June 2019 that measures would be taken to help close and prevent “loopholes” that exist which enable owners of multiple properties to pay less land tax. Put simply, the intention of the State Government is to aggregate (i.e. group) land held…

FOREIGN BUYERS & PROCESSING FIRB APPLICATIONS

27 Jun 2019

Whilst the introduction of the foreign stamp duty surcharge in SA has reduced the number of foreign buyers, we have noticed that they still remain active in the market and also noticed that both foreign buyers and agents alike require prompt assistance in how to secure sale contracts with foreign buyers and then obtain FIRB…

GONE ARE THE DAYS OF A FACE-TO-FACE FORM 3 WAIVER

29 May 2019

(Written by Commercial & Legal for REISA) We understand that getting a Form 3 Waiver for your client is always urgent – especially if an auction is scheduled for the next day! Whilst the traditional process of locating a lawyer who does Form 3 Waivers is your first priority, you then have to consider the…