by AlexanderDorrington | Oct 18, 2010 | General property Law
The long awaited LAQC reforms have finally been released. The gist is that LAQC owners will be given the option to become a new “look-through company” where profits & losses will flow to owners or transition to a sole trader, partnership or limited partnership. If...
by AlexanderDorrington | Oct 18, 2010 | General property Law, Unit Titles
The UTA2010 requires 3 disclosure statements to be given by the seller of a unit to a buyer of a unit. These are:• The pre-contract disclosure statement – to be given before an agreement for sale and purchase is entered into • The...
by AlexanderDorrington | Oct 18, 2010 | General property Law, Leasing
You will recall that a lessor cannot unreasonably withhold or delay consent to an assignment, sublease or change of use if there is a covenant in the lease requiring the lessee to first obtain the lessor’s consent. A lessor who unreasonably withholds...
by AlexanderDorrington | Sep 20, 2010 | General property Law, Unit Titles
Just what does happen to insurance money if your unit title is damaged and a claim is made on insurance? There is a statutory obligation on each body corporate to insure all buildings and other improvements for replacement value. The insurance must cover...
by AlexanderDorrington | Aug 19, 2010 | Sale and Purchase, Unit Titles
A potential purchaser recently asked just what they should look out for when buying a unit title. I am sure they did not expect a list that was quite as long as I had in my mind but there are a lot of things to take into account. Here is a summary of...
