Property law
Click
for: JOINT
VENTURE AGREEMENTS WITH
MONEY PARTNERS (INVESTORS) FOR
REAL ESTATE INVESTMENT
Click for: THE EFFECT OF THE GST UPON
REAL ESTATE
What impact will the GST have on real estate? In this
article, we will examine the impact of the GST on
residential and commercial real estate, and end with some
views on its impact upon the real estate market.
Click for: HOW DOES PROPERTY
FIT INTO SUPERANNUATION?
Property investment strategies suitable for Super.
Creative ways to get existing property into Super.
Click for: TREE DISPUTES BETWEEN NEIGHBOURS
If a tree grows on your property, you can prune and remove
it if it is likely to damage a wall, a fence or paving,
provided you obtain a Council Permit.
But what can you do
if the tree grows on your neighbour’s property, and the
branches or the roots are causing damage, or are likely to
cause damage to your property, or a high hedge is planted
inside a boundary seriously obstructing your sunlight or
view? In NSW, the Trees (Disputes Between Neighbours) Act
gives you the right to take action against the neighbour’s
trees – and makes the neighbour legally responsible for
damage caused.
VENDOR FINANCE FOR PROPERTIES
With the GFC heralding demise of the sub-prime lenders and
the Banks tightening up their lending criteria, between 10%
and 20% of potential homebuyers no longer have access to
traditional finance to buy their own home. This gap in the
marketplace is gradually being filled by non-traditional
financiers, who offer what is known as vendor finance or
seller finance to help homebuyers to buy their own home.
Selling homes using vendor finance helps sellers as well
as buyers. Sellers can broaden their property’s appeal
because the buyers don’t have to find their own finance, and
can sell at the price the property is worth. There are
several different kinds of vendor finance, all of which use
traditional legal documents. There is Rent to Buy, Rent to
Own, Instalment Contracts, Second Mortgage Carry Backs,
Deposit Finance, and Delayed Completion Finance. For more
information, visit our other website
www.vendorfinancelawyer.com.au
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