Last month I gave a snapshot into NSW 2 lot subdivisions. This month we do Victoria. Two lot subdivisions are exempt from many of the legal requirements placed on larger owners’ corporations “OC’s”. For example: If your OC has two lots, you do not have to: Take out...
Many couples separate on good terms, which is great. The breakdown of a relationship can be difficult, however putting differences aside to move forward can be beneficial, particularly where children are concerned. Ex-partners who remain on good terms may choose to...
While many people are unlikely to nominate estate planning aka “Thinking about what will happen to my assets when I die” as being on their “most wanted things to do” list in reality, this is something that should be on all our “must do” lists. Proactively planning for...
Did you know that in NSW a 2 lot subdivision is required to keep clear records, hold an AGM each year and report within 3 months of the AGM to Fair Trading and if you don’t you will get a please explain letter. In Victoria a 2 lot does not need to do anything BUT I...
Buying a property with someone else is a great way to share the fun, stress, and cost of the venture. Often people buy a house with their significant other, to make a home or invest together. Others buy property with friends, relatives or business partners. Joining...
