Entering off-the-plan contracts for the sale of land includes many disclosure obligations on behalf of the vendor, and one that developers need to be aware of is section 9AB of…
Developers Beware! Importance of checking your plans, marketing renders and ‘finalise’ materials before going public! If you are still thinking changes less than 5% of the overall area isn’t material…
From 1 July 2023, many Victorian landowners whose land value increases due to the government’s decision to rezone will face the prospect of paying a significant and new tax to…
From 1 July 2018, purchasers of new residential premises or potential residential land will be required to withhold an amount from the price for the supply and pay that amount to…
Vendors and purchasers who would like to take advantage of the existing off the plan statutory declaration by backdating their contract of sale would need to think again, seriously. In the…
As you are all aware by now, for real estate Contract of Sale dated after 1 July 2017, the off the plan duties concession will only apply to properties acquired…
Many of our clients may remember the update we sent to you in July 2016 concerning a supreme court case and the service of the cooling off notice. In early…
This is a short summary on the key aspects regarding the “Vacant Residential Land Tax” which has retrospect operative effect on and from 1 Jan 2017 and reporting on 2017’s…