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Retail Leases Act: Obligations for Commercial Landlords and Property Managers
Commercial Landlords and Property Managers Beware – What are your obligations to your tenants about Options to Renew under the Retail Leases Act? Are you a landlord or property manager of retail/commercial premises? If so, read on. Anyone who is party to a lease that is governed by the Retail Leases Act 2003 (Vic) (the […]
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What employers need to know about new casual employment laws
The Fair Work Act (FWA) was recently amended to change workplace rights for casual employees, and places new obligations on employers. A new definition of casual employment has been introduced, as well as a pathway for casual employees to move to permanent employment, through casual conversion or offer of permanent employment. Essentially, the laws confer […]
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The risks of being an executor
Are you an executor of a Will? Before administering the estate, you should understand that this role involves risks such as personal liability for the expenses of administering the estate. You also should be aware that you may be entitled to commission for your ‘handy work’ in administering the deceased’s estate. It is important to […]
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Do It Yourself Conveyancing – Should you?
Conveyancing is the legal process of transferring the ownership (title) of property (real estate) from a seller to a buyer. For most people, buying or selling property is one of the largest financial transactions they will ever make, and the conveyancing process is usually undertaken with the assistance of a conveyancer or lawyer. Sometimes people […]
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Selling property in Victoria – S32 Vendor’s Statement
Selling property in Victoria – S32 Vendor’s Statement Anyone who sells land in Victoria is required to disclose certain information to the purchaser by providing a disclosure statement. This statement is commonly known as a “vendor’s statement” and must be provided to the purchaser before the purchaser signs a contract for sale. In October 2014 […]
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Traps for so called ‘Sophisticated Investors’
Traps for so called ‘Sophisticated Investors’ The Australian Securities and Investments Commission (ASIC) takes a firm stance against those who manipulate ‘sophisticated investor’ exemptions for retail investors interested in acquiring securities in a corporate body. Generally, when companies raise funds by offering shares to the public, they must make available to prospective investors certain disclosure […]
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Buying and Selling a property at the same time
Buying and selling a property at the same time Buying or selling property is widely accepted as one of life’s major stress factors. When you buy and sell property at the same time and try to complete both transactions together this can add considerably to the stress levels. This is known as a simultaneous settlement […]
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Are you the executor of a Will facing a family provision claim?
Are you the executor of a Will facing a family provision claim? An executor is the legal personal representative appointed under a Will to oversee the administration of the estate of a deceased person. An administrator has a similar role however is appointed by the Court when a person dies without leaving a Will or […]
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Does your business have a Will?
Does your business have a Will? Most people recognise the importance of having a Will to determine how their estate is distributed when they pass. If you are self-employed, a partner or co-director, having a ‘Will’ or succession plan for your business is equally important. Think about what may happen to your business when a […]
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De facto relationships and Will contests
Different jurisdictions in Australia provide statutory rights for eligible persons to contest a Will if they can show that they have been left without adequate provision by the testator. In Victoria, an eligible person may include: a current spouse or domestic partner of the deceased children, step-children, and those treated as a natural child of […]
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