The standard New South Wales contract for the sale of property requires the purchaser to pay a 10% deposit at the time the contract is made. However, it has become common for vendors to accept payment of an initial 5% deposit. This practice usually includes inserting a special condition into the contract in which the […]
5% Deposit Clauses – The Risks for Vendors Read More »
When you buy a property in New South Wales jointly with another person, your solicitor or conveyancer will ask whether you want the ownership recorded on title as joint tenants or tenants in common. The decision whether to record your is significant, as it determines what happens to your share of the property if you
Joint Tenants vs Tenants in Common in NSW: Key Differences Explained Read More »
What Is a Section 66W Certificate? If you are unsure what a Section 66W Certificate is or whether you should give one, this guide explains when a Section 66W Certificate is required and what both purchasers and vendors should know about them. Why Does A Section 66W certificate Matter When Buying Property in NSW? If
What is a section 66W Certificate? Read More »
