by Denise Marsden | Jun 27, 2012 | General property Law, Sale and Purchase, Unit Titles
Sinking funds are common in the management of commercial property. Increasingly they need to be considered in residential developments when dealing with the sale and purchase of the property. There are for example, FF & E Reserves (for replacing furniture,...
by Jourdan Griffin | Jun 27, 2012 | General property Law, Leasing
The sight of the ADLS Fifth Edition 2008(2) commercial lease can bring a feeling of both comfort and familiarity. The ADLS commercial lease is widely used and understood. It is often seen as the form of lease that can ‘get the deal over the line.’ It is generally...
by Debra Dorrington | Jun 26, 2012 | General property Law, Sale and Purchase, Unit Titles
For the first time in a very long while pre-sale contracts for residential properties are hitting the market. Residential developers and their banks have been keeping a low profile these last few years but things are beginning to change. Changes in the law mean...
by Denise Marsden | Jun 20, 2012 | General property Law, Unit Titles
As 1 October 2012 approaches there is a big issue looming in addition to sorting out your rules. It’s the change in the maintenance regime. Not so much the compulsory requirement that a body corporate have a long term maintenance plan,...
by Denise Marsden | Jun 15, 2012 | Unit Titles
By 1 October 2012 new body corporate operational rules are required under the Unit Titles Act 2010. Most bodies corporate have started to prepare replacement rules.There are a number of things which are now covered elsewhere, not in the rules. These...