Buying off-the-plan is a choice that many investors and home buyers make. However, along with a number of general risks associated with purchasing off-the-plan, there are additional risks directly resulting from the property, certain market trends, and the interest rate rises, particularly when relying on a pre-approved loan.
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Pets provide us with many things including companionship, unconditional love and laughs and in effect are considered by many, as members of their family. However, have you ever thought about what would happen to your beloved pet(s) in the event of your death or should they outlive you?
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Sub-sales and nominations related to property purchases can be complex. An important component of such a property purchase is the impact on stamp duty.
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The amount land transfer duty (stamp duty) payable depends on a number of factors including the value of the property, the type of property and whether any stamp duty exemptions apply. In this article, we are looking at the stamp duty exemption for a spousal transfer.
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In addition to land transfer duty (formerly called stamp duty), foreign purchasers in Victoria may also have to pay a foreign purchase additional duty (“FPAD”).
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Several steps can be taken by lot owners and owner’s corporations to minimise claims and in turn, reduce insurance premiums.
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