An option clause is a term in a commercial lease that allows a tenant to renew their lease at the end of the original lease period if they meet certain conditions. Landlords are not obliged to offer a renewal option. However, it is often in the interests of both...Read More
Identifying and understanding easements in a property transaction is an important part of the conveyancing process. Vendors are required to disclose all easements affecting the land they propose to sell in a property contract, and buyers should ensure they are aware...Read More
Purchasers who enter into a contract for sale to purchase real estate and certain other property valued over $2 million, will be required to withhold and pay 10% of the purchase price to the ATO unless the vendor obtains an ATO clearance certificate and provides that...Read More
From Friday 29 April 2016, owners of a NSW property with a swimming pool or spa pool must have a certificate showing whether or not their pool fencing is compliant with the Swimming Pools Act 1992. You will also need to ensure that your pool is registered...Read More