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A power of attorney is a legal document authorising a person or organisation to make legal and financial decisions on your behalf. The powers under a power of attorney includes buy and sell properties in Australia. However, you might be asking this: why do I need a power of attorney in the first place? More
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Buying or selling a property in Victoria is a crucial financial decision. To ensure a hassle-free transfer of ownership, enlisting the services of a conveyancer or property lawyer is advisable. But which legal professional should you engage with? Conveyancers are experts in simple property transactions, like preparing relevant conveyancing legal. Property lawyers can provide more
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In a perfect world, both landlord and tenant follow the lease agreement to a T. In reality, this is not always the case. So what can you do when reality strikes? What are the common causes of leasing disputes? Both landlords and tenants can be guilty of starting a disagreement or dispute. It’s important to
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Generally, the deposit is approximately 10% of the purchase price and is paid immediately or as specified when you sign the contract of sale. The deposit will generally remain in trust until settlement or once the property transaction is completed unless a section 27 release is served. There are instances when the vendor will want
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The definition of when a company goes insolvent is when it is unable to pay its debts as they fall due. The Corporations Act 2001 has an ambiguous definition of insolvency. Under the Corporations Act, it does not include all the examples of what it means when you are unable to pay your debt as
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