Articles by Mira Stammers

Avatar for Property Update

Mira is a solicitor and CEO of Legally Yours, has been working as a lawyer since 2007 in both Melbourne and London, and founded Legally Yours with the aim of make the law more accessible and affordable for all Australians. Visit Legally Yours.


Conveyancer VS Solicitor - What’s the difference?
5

Conveyancer VS Solicitor – What’s the difference?

What’s the difference between a conveyancer and solicitor? Now that’s a common question we’re often asked, and rightly so.  It can be confusing when you’re offered what seems to be the same service by two different professionals. Basically, every time a property changes hands the process is called conveyancing, and conveyancing can be done by…

3 simple ways to know what stays in a property when you buy it
1

3 simple ways to know what stays in a property when you buy it

We’ve all heard horror stories of people buying property only to realise that some of the things they thought were sold with the property were actually taken out before settlement.   I recently heard an example of this where a purchaser had bought his dream home which included state of the art cinema equipment, or…

Top 5 Mistakes in Real Estate Contracts
2

Top 5 Mistakes in Real Estate Contracts

Our property lawyers have helped hundreds of people buy their first home.   We know how exciting it can be, but we also know how daunting it can be. Given that purchasing your first home may in fact be the biggest purchase of your life, it’s important to get it right. To help you on…

Why you need a Will after buying property
1

Why you need a Will after buying property

There are so many good reasons to have a current Will.  But it is particularly important if you own real estate. 1. If you own property on your own or as tenants in common  Once you die, it will be necessary to transfer your property to someone else (for tax and other reasons). If you…

The importance of the final inspection
2

The importance of the final inspection

When purchasing property, you (or a person nominated by you) have the right to inspect your property-to-be at any reasonable time during the week before and including settlement day. It’s not compulsory but it is a good idea to do a final inspection as close as possible to settlement day. Inspections are generally organised via…

Why you should ask a lawyer to look over a contract of sale before you sign
0

Why you should ask a lawyer to look over a contract of sale before you sign

It is always preferable to prevent problems, rather than try to fix them after the event. Here are some examples of some problems I’ve come across that could have been avoided by a thorough review of the contract and discussion with a solicitor prior to buyers signing the contract to purchase a property: What goods…

Property purchases in 6 easy steps | Mira Stammers
0

Property purchases in 6 easy steps | Mira Stammers

The steps involved in buying a property can often be confusing. Mortgage brokers, banks, real estate agents, buyer’s agents, solicitors…each transaction can involve multiple parties, all with their own goals and ways of working. But they all have one thing in common. They understand how a property transaction works, and with that knowledge comes the…

Foreign investment rules – what are they and do they apply to me?
0

Foreign investment rules – what are they and do they apply to me?

The level of foreign investment in the Australian property market is often talked about as having a negative affect on housing affordability. In fact, it’s such a hot topic that the Foreign Investment Review Board (FIRB) has been under attack in the media for failing to police or enforce compliance with foreign investment rules. But…

Do you understand the changes to the Victorian Property Laws
0

Do you understand the changes to the Victorian Property Laws

Victorian Property laws changed on October 1st so let’s find out how they impact your property purchase. The Sale of Land Amendment Act 2014 (Vic) (the “Act”) came into operation on 1 October 2014. It affects, amongst other things, the information that must be disclosed by a vendor of land in a Vendor’s Statement (otherwise…