Legal

Ask the Expert [Video] - Are trusts the right vehicle for your property?
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Ask the Expert [Video] – Are trusts the right vehicle for your property?

Setting up a trust can both protect your property and keep it in the family. But how do you know which trust is right for you? Watch as Ken Raiss and I discuss the benefit if a family trust when it comes to protecting your investment property. This week’s questions:  I read that successful investors control…

Who gets the house when you die?
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Who gets the house when you die?

Today it’s common for couples to purchase a property before they’ve walked down the aisle or even lived together. Naturally they assume they’ll be together forever, and don’t put a lot of research into the long term consequences of how their ownership should be structured.  So to help better understand this, let’s take a look…

What you need to know before you exchange contracts in NSW
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What you need to know before you exchange contracts in NSW

Australia is a country of eight States and Territories, which each have their own, sometimes unique, laws. The laws around real estate differ substantially across these regions, and there can be quite a few differences depending on which part of the country you are buying or selling in. What’s required in Victoria may not be…

How's the Northern Territory Economy? | ANZ Research
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How’s the Northern Territory Economy? | ANZ Research

Australia’s economic fortunes have improved according to the ANZ Bank’s most recent Stateometer -it’s quarterly assessment of the economic state of our States.   As housing construction keeps economies humming in the south east, resources construction in the west and north comes close to bottoming, and labour markets and trade improve nationwide, the ANZ Stateometer…

When your co-owner goes bankrupt
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When your co-owner goes bankrupt

What rights do you have when the person you own a property with gets into serious financial trouble? I had just stepped off the stage after delivering a presentation on asset protection at a property seminar, during which I discussed the effect that no asset protection had on an investor who ended up going bankrupt….

The legal hazards of being a home owner
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The legal hazards of being a home owner

The days of making a big claim against a local council when you trip and fall on a curb or gutter – because you were playing with your mobile phone as you were walking – are long gone.  In a landmark case some years ago, one famous judge heralded the change in trend in the…

Should you use a trust to buy a property?
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Should you use a trust to buy a property?

I am often asked “what are the benefits of using a Trust to buy a property?” and while this can be a confusing topic the simple answer is a Trust can offer Tax benefits and provide excellent asset protection for investors. WHAT IS A TRUST? A trust is a relationship whereby property is held by…

What is a Conveyancer and When Do You Need Them?
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What is a Conveyancer and When Do You Need Them?

There are a number of aspects of buying a property that seem unfamiliar the first time around. There are terms such as unconditional, settlement and conveyancing, which for many first homebuyers are new. Conveyancing in particular is a term, and a profession, which first-time buyers are usually not overly familiar with. So in this article…

Don’t sign a contract of sale until you’ve read this!
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Don’t sign a contract of sale until you’ve read this!

Buying a new property – whether it’s your first home or your 10th investment property – is always an exhilarating experience. But in the excitement of your new real estate prospects, it is important not to rush past the important bits. Remember, it’s the job of a real estate agent to put the pressure on…

Strata law overhaul to improve apartment living in NSW
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Strata law overhaul to improve apartment living in NSW

In his column in Switzer, John McGrath discusses new laws to imporve apartment living in NSW Here’s what he had to say: The biggest overhaul of NSW strata laws in four decades is about to make apartment and townhouse living that much easier for more than a quarter of the state’s population who own, rent or manage…

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