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The news and views in two strands (based on the work that we do):
1. Conveyancing property to
2. Wills and Estates, Probate work to

Items that don't quite fit into these categories are on this page.

05 October 2009

Strata common property

The owners corporation can decide by special resolution that it is inappropriate for a particular item to be part of the common property. This decision must not affect the safety or appearance of the strata scheme.
The owners corporation looks after common property and does all the repairs. This includes replacing and renewing common property when needed.
For a checklist of common property see this FairTrading NSW link.

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19 August 2009

Identification required

There is a fundamental problem of how to verify the identity of a person who claims the right to deal with property.
Customer identification is now a part of every conveyance. As part of this you may need to produce "bank type" information when buying or selling property.
Here is the short guide to what is needed:
And here is a longer version:

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22 April 2009

Property Valuations

Valuations are important for both Council Rates and Land Tax. The Valuation part of the NSW Lands Department has some useful publications.
There are newsletters each January and July which include a review of the key property markets.
The site also has this Fact Sheet; Information about your Notice of Valuation
and these brochures:
Your land value and Your land value review guide


09 March 2009

Mortgage Stress

NSW Legal Aid has a handbook to guide those having problems with their mortgage. It is particularly useful if you can see problems arising in the future. It will help you by explaining the range of options available and also provides sample documents. It also lets you know where you can get further assistance.
Note that the handbook is not designed to help you choose a mortgage and it offers general information, not legal advice.
NSW Legal Aid Mortgage Stress Handbook

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06 January 2009

Sydney Metropolitan Strategy

If you own or are buying property in Sydney, keep your eye on this story:
Inner-west suburbs such as Glebe, Leichhardt, Rozelle and Camperdown are to be among the first to face radical changes should both the $8.1 billion West Metro underneath Parramatta Road and the $4.8 billion CBD Metro go ahead.
"It would also provide significant support for transit-oriented development, urban revitalisation and services to new rail markets," the report says.
Is it urban renewal or will the same logic be applied to places like the lower north shore?
Use to search for "Metropolitan Strategy" for the latest on this story.


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