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Cross-lease vs fee simple

by Denise Marsden | Aug 21, 2012 | Cross-lease, General property Law, Sale and Purchase

Fee simple Fee simple ownership is true exclusive ownership and possession of the land and buildings on it. It’s ownership of what is below and above the ground (as is reasonable). Yes, others do get a say – for example the neighbours might have a say over...

New agreement for sale and purchase

by AlexanderDorrington | Jul 13, 2012 | General property Law, Sale and Purchase

We have set out below a short summary of the changes in the new 9th edition.  There are some changes specific to unit titles and commercial transactions, which we cover separately.  The first section is potentially relevant to all agreements. ...

Conveyancing and sinking funds

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,...

Earthquakes and leases – what to consider.

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...

Selling off the plans – what’s new

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...
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