Residential Property
Residential Property

Buying or selling your home or investment property is one of the most significant financial events you will negotiate in your lifetime.

We will provide you with professional advice and guidance at each stage of the process, to ensure the transaction goes smoothly.

We can advise and act for you in respect of:

  • Reviewing / drafting agreements for sale and purchase of residential property
  • Due diligence
  • Funding advice
  • Home ownership structure/property planning advice ie establishment of trusts
  • Unit Title/ cross leases

We understand that purchasing a home is often the largest investment people make, and we're committed to ensuring the process is as straightforward as possible while protecting your interests at every step.

Areas of expertise
FAQ

Frequently asked questions

1
What conditions should I include in my offer to purchase?
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Common conditions: finance approval, building report, LIM report review, solicitor approval, insurance confirmation. May include pest/electrical/plumbing inspections, subdivision consent. Conditions protect by allowing withdrawal.

2
What is a LIM report and do I need one?
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LIM is council report containing property information including consents, compliance issues, rates, zoning, known problems. Not legally required but highly recommended as reveals important information affecting value/use.

3
What's the difference between cross lease and freehold title?
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Freehold gives complete land/building ownership. Cross lease means owning land share plus exclusive rights to specific part. Cross lease may have alteration restrictions, require neighbour consent, affect financing/insurance.

4
Should I buy property in a trust for tax or asset protection?
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Trust ownership can provide asset protection and estate planning benefits but may affect first home buyer grants, mortgage rates, tax obligations. Best structure depends on personal circumstances and objectives.

Take the first step towards resolution and legal success.

Tony Meggitt
Director

Connect with us today and let our experienced team guide you towards effective solutions and legal counsel.