If you are a property investor who is moving overseas, now is a good time to consider selling your property on or off market to avoid coming home to an expensive tax bill for capital gains tax. Find out more.
At Omega Legal, we know better than to waste your money and efforts spent on marketing your property. When preparing a contract, we will avoid terms that are so onerous that even you would not buy the property if you were the purchaser.
If you are buying a strata property for the first time, you will want to know your rights to have a say on important strata decisions and financial matters that impact you later. Speak with Omega Legal early to make this request to the vendor before you sign the contract.
Before accommodating the developer’s request, follow these steps and obtain the following preliminary information from the developer.
Preparing a contract for sale is not as burdensome as one may think. Think of your contract as a useful marketing tool for selling your property. If you need a contract quickly, check if you already have the following documents to help speed up the process.
Every year there is at least one general meeting, the Annual General Meeting where the strata residents may have a say on essential matters. If you are obtaining a proxy for the first time or just need a re-fresher, follow our tips on how to complete a proxy form properly.
The recent case of Than v Galletta & Ors [2019] NSWDC 9, is a stern reminder (that comes with a more than $330,000 price tag) to stay on top of periodic inspections and maintenance and repair works on your premises to avoid being sued for negligence by your tenant.
Are you planning to purchase a property this year? If so, you will want to know about the common mistakes that could potentially cost you thousands of dollars. We complied some useful tips that you wished your lawyer had told you earlier.