Affordability: When intending to purchase property, the first thing to consider is what your budget is and what you can afford to repay. You must remember that you’re not only subjected to the purchase price, but many other necessary costs are incurred when buying, such as Deposit; Stamp Duty; Interest on your Loan; Legal and… Read more »
Should I get my contract reviewed by a lawyer?
Some key advice lawyers generally give to clients is to get their contracts reviewed prior to signing. Contracts vary from business contracts, contracts of sale of land, build contracts even employment agreements, it is important to know what you are signing up for and will be legally bound by. Fairly often we are approached by… Read more »
What is a Verification of Identity (VOI) and why do I need to do it?
Many of our clients question the need for having to complete their verification of identity. Confirming a person’s identity is an essential and crucial step in property dealings in accordance to the Transfer of Land Act (Vic) 1958 and especially, since the introduction of electronic conveyancing compliance with the Model Participation Rules under the Electronic… Read more »
Why appointing an Accountant is a step in the right direction for your Business
Many do not realise that more than 60 per cent of small businesses in Australia close within their first three years according to the Australian Bureau of Statistics. An accountant is experienced in the latest taxation laws that may affect your business. Therefore, they know what taxation offsets and expenses you can claim for your… Read more »
It’s not just a signature! Solicitors Certificates…. what you need to know!
A bank or lender may ask you to obtain a solicitor’s certificate in order to be a guarantor for a loan. A great number of clients that approach our firm believe that these are simple signatures that are to be witnessed by a lawyer. However, it is much more complex than that. The main intention… Read more »