Property Law Archives

Guide to buying property in New South Wales

Step 1. Sort out finances Before beginning the search for your dream home or investment property, it is very important that you have your finances in place to ensure that you have enough funds to settle your purchase. Prior to any purchase you should consult with your financial broker and accountant. At the very least […]

The pitfalls of accepting a deposit by instalments on property sales

Property Law / 15 February 2022 / deposit, instalments, property, property law, sale

Is it a deposit or a penalty? Current trend of property sales In the current rising property market, it is becoming more common for property buyers to negotiate on the deposit. The standard is 10% of the purchase price under a Contract for the Sale of Land. Nowadays, buyers are requesting a smaller deposit of

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