The following is an outline of all of the services we will provide to you during the course of your sale. This list is intended to let you know exactly what is required and to provide you with piece of mind that the service we are providing is of the highest standard: Read more
The following is an outline of all of the services we will provide to you during the course of your sale. This list is intended to let you know exactly what is required and to provide you with piece of mind that the service we are providing is of the highest standard: Read more
The leasing market is ever changing. Many would argue the current economy to favour tenants – there are a myriad of vacant properties currently available, and a definite lack of (quality) prospective tenants available. Many tenants are looking to down size, if not liquidate, leaving landlords ("LLs") in the unenviable position of being forced to consider short term and stop gap solutions for their own cash flow purposes. Enter the commercial real estate agent, armed with an agreement to lease ("ATL") .... but beware, both LL and tenant, once signed the ATL will legally bind you to the terms specified and your lawyer will be unlikely to be able to re negotiate your lease. It is important – if not critical – therefore, that both sides fully consider the ATL in detail before signing such. A few key considerations are as follows: Read more
Unfortunately, many property owners face this predicament in the current economic climate. The notice requirements for cancellation of a Lease have changed significantly under the Property Law Act 2007. Read more
Purchasing an interest in a retirement village is not like purchasing a residential property. There is an ongoing relationship between the village operator and the resident which is governed by the terms and conditions set out in what is called an "Occupation Right Agreement". Read more
McVeagh Fleming is a member of a global network of highly respected law firms called Ally Law (formerly the International Alliance of Law Firms. When our clients need legal assistance outside of our jurisdiction, we refer and work closely with other Ally Law firms to ensure that our clients receive the best legal advice and service possible. Ally Law has firms in most of the major financial centres of the world. If you would like to learn more about Ally Law please contact John Woolley or view the Ally Law website at www.ally-law.com. Read more
Most people who have been through a separation would agree that it is a difficult and stressful time. This can be exacerbated when there is confusion or misunderstanding about what property is classed as relationship property and what property is classed as separate property. The Property (Relationships) Act 1976 (“the Act”) provides a code for how property is to be divided on separation for couples who are married, in a civil union partnership or de facto/same sex relationship. Read more
You will recall back in our July issue, we briefly mentioned about the up and coming changes with the District Court rules. Well, on 1 November 2009, the new District Court Rules 2009 came into force, "radically" changing the way civil cases are run in the District Court. Read more
The Unit Titles Act 2010 has now replaced the Unit Titles Act 1972. The old Act was unable to properly provide and cater for the myriad of significant multi-storey unit title developments built in the last two decades, and the new Act seeks to address the shortcomings of the old regime. Read more
