Many clients have been concerned about how the decline in the Sydney market, over the last six months, could affect their family law property settlement. There has been significant fluctuation in the market in this period and as much as…
When getting divorced or separating from your long term partner there will be many things that will need to be carefully considered. Divorce: the end of the marriage Your divorce and your Family Law matter for are two completely separate…
With the property market cooling and record numbers of off the plan residential developments reaching completion, the issue of defects in building contracts is popping up more and more. A residential development containing a defect will often appear perfect…
Subcontracting out work rather than employing staff is becoming increasingly common due to the rise in additional costs of employment such as: SuperannuationPayroll taxLeave entitlements PAYG Various Insurances Loadings and allowances Contractors often receive a higher rate of pay if…
With the recent gazettal of the new LEP for the Sutherland Shire Council, there are numerous developers making offers to enter into options to purchase properties for the purpose of redevelopment. It is therefore timely to look at the issues…
It is common for directors of companies to be required to provide a director's or personal guarantee to guarantee the performance of a company's obligations under contracts entered into by the company. In the absence of a personal guarantee, a…
In many instances, property owners and/or property developers will need to access neighbouring land in order to undertake construction works on their own land, or to carry out work to services which service their own land. In the normal course,…
From 30 January 2012, the Personal Properties Securities Register (PPSR) replaced a number of Commonwealth, state and territory government registers for security interests in personal property and became the single national source of registered security interests in personal property. Security…
Often people believe that pre-contractual negotiations cannot amount to a binding contract where no formal contract has been signed. However, two recent cases have found binding contracts do exist in relation to leases and sale contracts, without the parties signing…
When establishing a Self Managed Super Fund (SMSF) you can have the individual members as trustees or otherwise you can have a corporate trustee. The corporate trustee may cost a few extra dollars in the short term, but there are…