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Buying property? With the market booming, settlement dates have become a big topic of conversation between conveyancers and clients. Here’s what you need to know about choosing a conveyancer early and getting the settlement date right.
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.
Entering the property market can be a daunting experience. Some people go in armed with facts and figures, others go in not really knowing what they want or need and then there are some who just go “all in” with no information and no facts.
Here’s a brief run-down of things to consider and what steps to expect once you’ve found a place to call home and you’re ready to make an offer.
Key Changes to Foreign Resident Capital Gains Withholding (FRCGW) Rules
From 1 January 2025, changes to the FRCGW regime will affect all property sales in Australia. Vendors, including Australian residents, must apply for a Foreign Resident Capital Gains Clearance Certificate from the ATO to avoid 15% withholding at settlement. Our article outlines these changes, what they mean for you, and how to apply for the clearance certificate.
Buying a house involves major financial decisions and understanding your legal rights. Learn key tips on submitting offers, the importance of Form 1, cooling off periods, deposit details, and avoiding contract breaches. Get expert advice from Johnston Withers Lawyers and Conveyancers to navigate the property buying process with confidence.