by AlexanderDorrington | Jul 13, 2012 | General property Law, Sale and Purchase
We have set out below a short summary of the changes in the new 9th edition. There are some changes specific to unit titles and commercial transactions, which we cover separately. The first section is potentially relevant to all agreements. ...
by Jourdan Griffin | Jun 27, 2012 | General property Law, Leasing
The sight of the ADLS Fifth Edition 2008(2) commercial lease can bring a feeling of both comfort and familiarity. The ADLS commercial lease is widely used and understood. It is often seen as the form of lease that can ‘get the deal over the line.’ It is generally...
by Denise Marsden | Jun 27, 2012 | General property Law, Sale and Purchase, Unit Titles
Sinking funds are common in the management of commercial property. Increasingly they need to be considered in residential developments when dealing with the sale and purchase of the property. There are for example, FF & E Reserves (for replacing furniture,...
by Debra Dorrington | Jun 26, 2012 | General property Law, Sale and Purchase, Unit Titles
For the first time in a very long while pre-sale contracts for residential properties are hitting the market. Residential developers and their banks have been keeping a low profile these last few years but things are beginning to change. Changes in the law mean...
by Denise Marsden | Jun 20, 2012 | General property Law, Unit Titles
As 1 October 2012 approaches there is a big issue looming in addition to sorting out your rules. It’s the change in the maintenance regime. Not so much the compulsory requirement that a body corporate have a long term maintenance plan,...
by AlexanderDorrington | May 11, 2012 | Building, General property Law, Unit Titles
Historically anyone making changes to a unit title development needed either to complete a redevelopment plan or to cancel the unit title plan and start again. Both options needed unanimous consent from all of the owners. Things are different under the Unit Titles Act...
