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Monthly Archives: August 2018
#Property #Investor #Landlords #depreciation article of interest
Depreciation deductions you’ll flip for Changed legislation benefits renovators Renovating or ‘property flipping’ has become a huge trend in Australia, especially on the eastern seaboard where according to CoreLogic almost 7 per cent of transactions in Sydney, Melbourne and Brisbane were … Continue reading
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Monetising your content
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Section 223of the Body Corporate and Community Management Act 1997 imposes an obligation on sellers to disclose to buyers latent or patent defects in common property that the seller is aware of or ‘ought’ to be aware of. Sellers ‘ought’ to be aware of issues identified in the body corporate minutes. Committee members who are actively involved in the decision-making process around this have nowhere to hide under any definition. If buildings have non-conforming cladding, which is not disclosed in the sale contract by a seller, and there are subsequent rectification works required along with the special levies or borrowings, we can see a raft of litigation about the lack of that disclosure against sellers, sales agents and those who prepared contracts for sale (such as lawyers).
Combustible cladding laws in Queensland announced By Frank Higginson06 Aug 2018 Click here for a PDF version of this newsletter. If you don’t know whether the cladding on your building is combustible (or to use the less scary word – non-conforming), you … Continue reading
Posted in ECONOMY FINANCE BUSINESS LJGREALESTATE RENTALS PROPERTY SALES PROPERTY INVESTOR PROPERTY MANAGEMENT, family, LJ Gilland Real Estate Pty Ltd, ljgrealestate, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance
Tagged Research
Comments Off on Section 223of the Body Corporate and Community Management Act 1997 imposes an obligation on sellers to disclose to buyers latent or patent defects in common property that the seller is aware of or ‘ought’ to be aware of. Sellers ‘ought’ to be aware of issues identified in the body corporate minutes. Committee members who are actively involved in the decision-making process around this have nowhere to hide under any definition. If buildings have non-conforming cladding, which is not disclosed in the sale contract by a seller, and there are subsequent rectification works required along with the special levies or borrowings, we can see a raft of litigation about the lack of that disclosure against sellers, sales agents and those who prepared contracts for sale (such as lawyers).
Three Australian cities have made the top 20 for global prime residential price growth in a new international residential property report.
Three Australian cities have made the top 20 for global prime residential price growth in a new international residential property report. Knight Frank’s Prime Global Cities Index – Q2 2018 tracks prime residential prices, defined as the top 5% of … Continue reading
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8 August, 2018 10:00
One of the significant changes in the way we live in Australia over the last few decades is the gentrification of our inner suburbs. When I was young, housing in the inner suburbs was cheap and home to the working … Continue reading
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Removing the Hassle from Sales & Rentals
Most agents – so the story goes – get into real estate because they love property and they love helping people. And the chance to earn a small fortune is pretty alluring too. But within just a few short months, … Continue reading
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Emerging Trends in Residential Market Demand
Report Published: March 2018 The once highly predictable residential market has undergone significant changes, particularly over the last 20 years. Residential demand has become increasingly fragmented and the previous “one size fits all” policy adopted by stakeholders in the residential … Continue reading
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