land Articles
What To Do When a Purchaser Doesn’t Settle a Land Sale Contract
August 29th, 2013 by | Conveyancing, Property & Leases
A buyer who fails to settle on the agreed date is, on the face of it, in breach of a land sale contract. As vendor, you will need to consider whether you want to insist that the deal be completed (by sending a Notice to Complete or even seeking a Court order for Specific Performance… Read more »
A Debt Doesn’t Entitle You to Lodge a Caveat
October 4th, 2012 by | Conveyancing, Court Disputes, Debt Collection, Finance & Securities, Property & Leases
The fact that a debtor who owes you money owns land is a good thing but beware of lodging a caveat when you’re not entitled to do so. A simple debt does not constitute a ‘caveatable interest‘ in land. The main situation where a caveat is apt arises when there is a contract to… Read more »
Land Tax Anti Avoidance
October 17th, 2009 by | Conveyancing, Property & Leases
Land tax is only payable in relation to investment or commercial properties and is calculated on a “sliding scale” on the basis of the total taxable site value of all land owned (by an owner or a group of owners) which exceeds the tax-free threshold ($353,000 in 2017/18 financial year). As a result of the 2007… Read more »
