What is Vendor Finance? A buyer may need a loan to purchase the house. There are different kinds of loans, like bank loans. But these loans require payment proof or a guarantor. It is not possible for people with a low pay rate. So, when a seller arranges money for the buyer, it is called […]
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ALERT! If you’re a foreign resident for tax purposes in Australia, special Capital Gains Tax (CGT) rules apply when you sell residential property. Changes announced by the Federal Government in the 2017-18 Budget came into law on 12 December 2019. These changes mean that if you are a foreign resident for tax purposes at the time you
What You Need To Know About Cease & Desist Letters What You Need To Know About Cease & Desist Letters By Aylward Game – Mar 18, 2020 Articles, Criminal Law, Legal Advice Brisbane This is legal terminology that often strikes the very core of our business world. Demand letters relating to the alleged infringement of intellectual property rights are often
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Buying a display home as an investment property and leasing it back to the builder for a premium rent for the life of the display village may seem like a great investment. However, a commonly overlooked aspect of this type of transaction is whether the house is covered by the Queensland Building and Construction Commission (QBCC) Home Warranty Scheme.
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This article aims to analyze the recent decision of the Australian Securities & Investment Commission (ASIC) requiring all company directors in Australia to obtain a new director identification number (director ID). What Is Director ID? In short, it is a unique identifier given to a company director who has verified his/her identity with ASIC. What is the
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After separation couples need to sort out how to divide their asset pool. This is called a ‘divorce property settlement’. The only requirement for a divorce property settlement is an ‘irretrievable breakdown of the marriage. This is proved by a 12-month separation with no likelihood of reconciliation. The court does not examine whose fault it
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Buying and Selling Commercial Real Estate This process takes many forms due to differences and restrictions on the potential use of your commercial property as well as location, and cultural significance. This makes it essential to ensure that your interests are catered for in the contract terms and conditions. You need to find a
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The new English language test requirement for partner visas has caused backlash across communities and couples overseas, along with some policy shifts for migration agents and law space. An Australian Partner Visa allows married or de facto (same or opposite sex) couples to enter and remain in Australia with their partner. Foreigners who fall in love with Australians would
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