by Denise Marsden | Aug 19, 2015 | General property Law
It is proposed to make the profits on sales of residential property taxable if sold within two years of acquisition, subject to certain limited exceptions. There will be no “purpose” or “intention test” to determine whether profits are...
by Debra Dorrington | Mar 10, 2015 | General property Law, Leasing, Subdivisions, Unit Titles
In the past, proxies were commonly used in the unit title setting. Developers would provide for them in sale contracts. Property managers would include them in leases of serviced apartments. It gave the developers and the managers the opportunity to control...
by Debra Dorrington | Mar 10, 2015 | General property Law
“It’s the death of common sense,” he said leaning on my doorframe, frustration etched on his face. This was the third visit – trying to provide information to the bank suitable to meet anti-money laundering requirements; – so he could get online...
by AlexanderDorrington | Oct 16, 2014 | Building, General property Law
What are the proposed changes? Changes are being mooted to retention arrangements. The Government has announced that a "deemed trust" arrangement is their proposed solution to protect subcontractors from circmustances like those that followed...
by AlexanderDorrington | Oct 13, 2014 | Building, General property Law, Subdivisions
The legal set-up of a new subdivision or unit title development should be treated with as much care as the physical design. It’s very easy to leave a mess – one that is difficult and expensive to resolve. The rights, rules and restrictions that a developer puts...
by Debra Dorrington | Oct 13, 2014 | General property Law, Subdivisions
Communal land in residential developments is a common and useful way to expand space available to homeowners, giving them the benefits of land ownership without the same burden. It’s commonplace both in rural areas and increasingly in the urban setting where space is...
