Property Archives - Kydon Segal Lawyers

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Mandatory Code of Conduct for Commercial Leases

On 3 April 2020, the National Cabinet agreed that States and Territories would implement a mandatory Code of Conduct (the Code) which outlines a set of good faith leasing principles for commercial tenancies who are small-medium sized businesses with an annual turn over of $50 million and who are eligible for the Job Keeper Payment*. […]

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Can Purchasers rescind contracts for sale due to Covid-19?

Over the last few weeks the world as we know it has been turned on its head by the Covid-19 virus. The majority of the population is facing unprecedented unemployment and financial uncertainty, financial markets are in freefall and financial institutions are, again, tightening their lending criteria. The current situation is particularly problematic for purchasers, […]

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Subdivison of Land

What is the difference between Torrens title subdivision, stratum subdivision and strata subdivision? Land subdivision is the process of dividing one land parcel into two or more separate lots so that each new lot will have its own unique title, making each lot independent from the others. It is common for property developers to apply […]

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Divorce and Property Settlement

DIVORCE How do I get divorced? Australia has a ‘no fault’ divorce system. This means that the only grounds for obtaining a divorce is the ‘irretrievable breakdown of marriage’. In order to prove an ‘irretrievable breakdown of marriage’ you and your spouse must have separated for a minimum period of 12 months. Once you and […]

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New requirements for off-the-plan contracts from 1 December 2019

The NSW Government has announced changes to off-the-plan contract laws which are set to take effect from 1 December 2019. These changes will apply on the commencement of the Conveyancing (Sale of Land) Amendment Regulation 2019 and Conveyancing Legislation Amendment Act 2018. The key changes are listed below. Disclosure Statement The new laws will require […]

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