In this video, Suna Ozcan discussess the perils of joint property ownership, what happens if one purchasers want to sell but the other owner/s want to keep the property?...
It is not uncommon that family members, friends and even investors purchase property together but what happens if one of those purchasers want to sell but the other owner/s want to keep the property?...
In this clip we discuss lending money to children. While families may feel compelled to assist their children with property purchases or business ventures without formalities or professional advice, there are considerable risks for both the lending parents and borrowing children if legal advice...
Australians love our furry family members. In fact, the federal government’s Pets in Australia survey found that more than 60 per cent of Australian households have a pet. However, the rules about renting with pets can be confusing. Here’s what you need to know....
What is the difference between gifting money or loaning money to my family members?...
Lending within family members, especially parents lending to their children, is on the rise due to escalating housing costs and economic constraints in Australia. Although there might be a tendency to rely on informal arrangements, our experienced lawyers at Solari and Stock know that a...
On 1 February 2024 changes introduced to the Land Tax Management Act (LTMA) 1956 become effective, changing the eligibility for principal place of residence exemption for landowners (PPR exemption)....
On 1 February 2024 changes introduced to the Land Tax Management Act (LTMA) 1956 become effective, changing the eligibility for principal place of residence exemption for landowners (PPR exemption). If you own less than a 25% interest in the land, and you currently receive a...
Solari and Stock are closing at 1pm on Friday 22 December 2023 and will reopen at 9am on Monday 8 January 2024....
From 1 February 2024, a person is not entitled to a principal place of residence exemption in relation to a property, unless all the persons who use and occupy the property as their principal place of residence together own at least a 25% interest in...