For contracts of sale of real estate worth $2M or more entered into from 1 July 2016 new property rules state that all purchasers of such real estate must withhold 10 percent of the purchase price unless they are given a clearance certificate by the vendor. Vendors of...
The Retail Premises Lease in Victoria When you are in business or you decide to go into business one of the most daunting experiences is finding your business address and entering into a lease with the landlord. If you are a sole trader the lease will be in your...
Last week I wrote about creating a new retail tenancies lease and some of the issues related to that so today we discuss lease renewal and transfer. Lease renewal – You have been in retail business for the first term of your lease and the lease needs to be renewed....
Today I am discussing the need for Verification of identity and e-conveyancing. To reduce the risk of property fraud, states across Australian are introducing verification-of-identity (VOI) legislation for transfers of property. It also compulsory for property sales...
Superannuation, contributions, retirement and tax seem to take up a lot of discussion and the changing laws keep many people confused about what are their rights and entitlements when they make contributions to their superannuation. Mr Andrew Proebstl chief executive...
What is this all about A case that has extended the definition of what constitutes a retail tenant will have wide ramifications for practitioners who deal with commercial leases, the Victorian Small Business Commissioner (VSBC) Judy O’Connell has warned. Providing...
