A garnishee order is an order issued by the Court requiring the party to whom the order is addressed to make payments in satisfaction of a judgment debt to the judgment creditor. (Some courts now refer to garnishees as money redirection orders). The third party to whom the order is addressed is the “garnishee”. Under a garnish order the garnishee is directed to pay money that would ordinarily be payable to the judgment debtor directly to the judgment creditor or...
Assistance during bushfire recoveryLandgate Media release: Thursday, 14 January 2016The State Government is providing assistance to property owners and South-West communities as they rebuild and recover from recent bushfires.Lands Minister Terry Redman said Landgate was providing duplicate Certificates of Titles which were lost or damaged during the fires, at no cost to applicants and will assist with property ownership details if requested.Landgate is also facilitating the re-pegging of property boundaries by re-establishing important infrastructure that provides location information.“Due to the scale...
On the cusp of strata reform, Community title might affect you and your strata titled property. By Phil McCarroll | 19 Jan 2016 08:00 AM The overhaul of legislation covering strata agreements in Western Australia would be a positive for the state, according to property professionals and lobby groups. The overhaul has been in the pipeline for a number of years, with the reform and consultation process beginning in 2013, but a statement on the Landgate (Western Australian Land Information Authority) website claims...
In case you missed it in all the pre Christmas activities, there is now much more stringent F.I.R.B. (Foreign Investment Review Board) compliance in place. Complete with application costs and severe penalties for breaches. It affects Investors, Agents and Developers, please subscribe to my blog to ensure that you are kept informed. 1 December 2015 Media Release The Turnbull Government’s robust new foreign investment regime comes into force today, providing stronger enforcement and a better resourced system with clearer rules for foreign...
Favourable interest rates are a borrower’s best friend, but should you lock in a low rate or go with a variable rate? Here are five things to consider. 1. How low can rates go?Interest rates are at historically low levels and the current outlook suggests there may be further cuts in the medium-term future. If you lock in your rate now, you won’t reap the benefits of later decreases. The question is: how low do you think the rate will...
Do you prefer personal service and guidance: remove the stress with your property settlement, by surrounding yourself with experienced professionals to guide you on your important property transaction… Is online the way to go for property settlements? It’s probably something that most property buyers would know, but a report from PwC Australia has confirmed that buying or selling a house can be a stressful experience. The report, commissioned by Property Exchange Australia (PEXA), revealed that one in three people are...
