Our news and ideas.

The Form 1 – Vendor’s Statement is a required statutory disclosure statement that must be provided by a vendor to a purchaser of land.

If you are selling your small business it is important that you comply with your legal requirement to provide a purchaser with a Form 2 – Vendor’s Statement.

The High Court Decision in Commercial Bank of Australia Ltd v Amadio forced banks to behave more ethically in the future management of mortgages.

Buying off the plan has become very popular among foreign persons looking for residence or investment. Australia has a foreign investment framework where foreign persons generally need to apply to the Foreign Investment Review Board (‘FIRB’) for approval to purchase residential real estate in Australia.

Here are 6 legal tips for buyers who are considering buying a business.

Purchasing property is a significant investment, and getting advice on how to structure the ownership of your property is important; for example, whether to purchase as joint tenants vs tenants in common.

Terms and conditions are essential to any person running a business

In January this year we published an article about the South Australian land tax changes. These changes to the Land Tax Act 1936 come into effect on 30 June 2020 and include lower tax rates, the introduction of new land tax aggregation provisions, a different rate of tax for land held in trust and grouping provisions for related corporations.

South Australia’s regime for Land Tax has now changed, with new rates and new methods of calculation taking effect from 1 July 2020.