OFF THE PLAN PURCHASES
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OFF THE PLAN PURCHASES

What is an off the plan purchase? Generally speaking, when you purchase a property “off the plan”, you are purchasing a property that is not yet built, but is being proposed to be built in accordance with plans that have been drafted by a surveyor, and which show what the proposed property will look like...

WHAT IS A RELEASE OF MORTGAGE AND WHY DO I NEED ONE?
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WHAT IS A RELEASE OF MORTGAGE AND WHY DO I NEED ONE?

If you own real property and borrowed money from a bank or financial institution to use towards the purchase, then it is more than likely that the lender will register a mortgage over the property to protect its interests, and without knowing it, you may need a Release of Mortgage. In simple terms, the registration...

BODY CORPORATE – LANDMARK  DECISION
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BODY CORPORATE – LANDMARK DECISION

It has been just one year from our previous article on Airbnb and Body Corporate’s, (Body Corporate for Hilton Park CTS 27490 v Colin Robertson [2018]), wherein it was found that short-term rentals (such as Airbnb and Stayz) would be allowed to continue to be offered by owners in unit complexes. However, we have been...