The Foreign Investment Review Board (FIRB) serves as a critical checkpoint for foreign investments, particularly in the real estate sector. On 1 May, the Treasurer announced
Foreign purchasers will be required to pay a 4% surcharge of the dutiable value of property acquired (including part of a property or a part interest in the property) in South Australia.
Have you or are you intending to purchase a property with another person such as a friend, family member, or investor? Have you considered who will be responsible for certain
It is important for builders, contractors, and individuals to have the correct building contract in place when they are building a new property or renovating an existing property. This is critical
The Verification of Authority policy was introduced in South Australia in July 2016 and requires legal practitioners, conveyancers and mortgagees to take reasonable steps to verify
The Stamp Duties Act 1923 outlines a variety of situations where parties will be exempt from paying stamp duty when transferring their interest in property. Section 71CB of the Act
When purchasing a property with another individual, you may be asked whether you would like to own the property as a joint tenant or tenant in common. A Joint Tenant
Effective from 1 July 2018, GST payable on new residential properties and subdivisions will now be withheld by purchasers and remitted directly to the Australian Taxation Office. These changes
A caveat (derived from the Latin word for ‘beware’) is essentially a warning or caution that can be registered on the Certificate of Title to a property to prevent any further dealings with