Does your family trust expressly exclude ‘foreign persons’ as potential beneficiaries? Chances are, it does not, and Revenue Ruling G010 (v2) from the NSW Commissioner of State Revenue suggests …
Free conveyancing quotes
Foulsham & Geddes are now pleased to offer a quick and free online conveyancing quotes for conveyancing in Sydney, NSW and QLD. We can provide quote for sale or purchase …
Compensation to business – compulsory acquisition of land – Westconnex
This article examines what compensation is available to business in cases of compulsory acquisition of land, such as Westconnex. In a previous article, we looked at the matters that are …
Assessing compensation when land is acquired by WestConnex, Sydney Metro and Sydney Light Rail
by Paul Dillon The New South Wales government is committed to major public infrastructure projects to bring Sydney public transport into the 21st century. To achieve their objectives, it has …
Foreign Resident Capital Gains Withholding Tax
As and from 1 July 2016, all Australian Vendors of real estate with a market value of $2million or more must apply for a clearance certificate from the Australian Taxation …
Swimming pool disclosure for all vendors
As and from 29 April 2016, every Contract for Sale of Land, which relates to a property where there is a swimming pool, must have a Certificate showing whether or not …
Commercial Lease Incentives
As competition for reliable tenants in commercial space intensifies landlords more and more, are turning to incentives to try to cajole or encourage prospective tenants into entering into a long …
Compulsory Acquisition of Land by WestConnex
Paul Dillon explains how Compulsory Acquisition of Land by WestConnex works Stage 1 of WestConnex includes an extension of the M4 East motorway via twin tunnels from Homebush Bay Drive to …
Who is responsible when retaining walls fail?
Paul Dillon Last month Sydney experienced the effects of an East Coast Low with extended periods of heavy rainfall resulting in flash floods, fallen trees, collapsed power lines and damage …
Joint Tenancy and Tenancy in Common. What’s the Difference?
When acquiring property together with other people, there are two ways in which ownership can be shared: joint tenancy and tenancy in common. These concepts mostly arise in the context …