So what's the deal when you purchase property with your parents, sister, best friend or in-laws?!
Read on for some examples of when to actually engage a lawyer in your property matters...
A unit title property is part of a development where all unit owners form a community, known as the ‘Body Corporate’. The Body Corporate will own the common areas within the development, for example the driveways, hallways, and stairs. There are a number of requirements for meetings, voting, rules, charging levies, and managing funds such as a long-term maintenance fund.
Let's be real, legal fees might not be your spending choice, but sometimes life leads us to the lawyer's office!
Purchasers are excited about moving into their new property. There is an expectation that the vendors will leave the property clean and tidy and will remove all their belongings and rubbish. Unfortunately, this is not always the case.