Strata Reform
5/7/2016
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A1 Conveyancing based in Joondalup & Osborne Park Perth Western Australia
Call Us At: 08 9300 9750
Smoke Alarms as part of your alarm system-may not comply with electrical safety laws
1/7/2016
The Building Commission has received a number of enquiries from home owners andproviders of residential security systems as to whether smoke alarms that are poweredthrough a home security system in dwellings subject to sale, rent or hire are compliant withthe State’s smoke alarm laws. What are the smoke alarm laws? The Building Regulations 2012 (the Regulations) in Western Australia require owners of dwellings to have compliant smoke alarms installed prior to sale, rent or hire. To comply with the Regulations,...
Strata Titles Act Reform – Update June 2016
30/6/2016
In this series of articles on the Strata Titles Act Reform project, we are bringing you details of the amendments that will impact strata communities across Western Australia. Our previous articles and online videos have already covered other areas of the reforms including: the new forms of strata: community title schemes and leasehold strata improved management clearer and easier ways to resolve disputes terminations of schemes staged strata development. This article will focus on the proposed reforms for improving buyer...
Something to consider…
9/6/2016
This article in New Zealand seems to indicate a growing trend… So might be worth considering for your lease between tenants and part of your contractual purchase conditions… Q+A: What you need to know about methamphetamine contaminationA unit in a Housing New Zealand complex in Panmure is decontaminated after methamphetamine tested positive.Houses contaminated through the cooking or smoking of methamphetamine is a growing issue in New Zealand.Just one session smoking the Class A drug, also known as P or Ice,...
News from First Title: Claims Chronicles – May 2016
20/5/2016
What happened? Our client purchased an original 1950s style home in SA with the intent of demolishing it and building their dream home. The client exchanged contracts and began to prepare plans for their new home. Shortly after settlement, the client submitted plans to the Council to construct their dream home. The plans were rejected by Council on the basis of a proposed heritage listing, which was applied just prior to settlement. The client was in shock and immediately contacted...
FOREIGN RESIDENT CAPITAL GAINS – WITHHOLDING OBLIGATIONS BRIEF FOR REAL ESTATE &/ SETTLEMENT AGENTS- AFFECTS ALL REAL PROPERTY TRANSACTIONS $2 MILLION OR MORE INCLUDING AGGREGATED DEALS
21/4/2016
Legislation will take effect as of July 1st 2016 requiring that ALL real property transactions over $2m be assessed to determine what (if any) Capital Gains Tax (CGT) liability exists. There are many different scenarios which include multiple buyers or sellers and variations to the amount held.In circumstances where there are multiple buyers (ie. A farmer has sold his farm off in separate lots) but the aggregated market value is over $2 million, the Seller will be required to provide a clearance certificate. If not each Buyer...
Author, Damien McDonnell
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Damien McDonnell betrothed to my first true love & father to 5 fantastic little persons and one food obsessed beagle.
