The $7,000.00 first home owner grant for established properties (i.e. not brand new properties) will end on 30 September 2012 and will not be available for first home buyers where a contract for the purchase of established properties is entered into on or after 1 October, 2012. The First Home Owner Grant (New Homes) Scheme...
This Scheme replaces the First Home Plus scheme from 1 January 2012. This applies to the purchase of new homes or vacant land on which the purchaser intends to build a new home. From 1 July, 2012, to be eligible for the full exemption from duty, the dutiable value of the property must be less...
The Home Builders Bonus ceased on 1 July 2012 so that contracts entered into on or after that date will not longer be eligible for the stamp duty concessions which applied prior to that date in relation to the purchase of new homes, homes off the plan and vacant land on which a new home...
The Federal Government announced in the recent Budget that it will remove the 50% Capital Gains Tax discount for non-residents for all Capital Gains accrued from 7:30am, 8 May 2012. The discount (where applicable) may still be obtained on any gains accrued prior to that time, so long as the non-resident obtains a market valuation...
Generally the Personal Property Security Act, as you would be aware from our previous newsflashes, does not deal with real property. However there are some occasions when parties to a real property transaction need to consider whether or not a security interest may have been created and thus need some form of protection via the...
A retail lease is very different to a residential and commercial lease, as it is highly regulated and governed by the Retail Leases Act 1994 (NSW) (“Act”). A retail lease exists where a shop is selling and supplying goods or services where the shop is less than 1,000 square metres and is used for a...
Liability limited by a scheme approved under Professional Standards Legislation.
Legal Practitioners at Atkinson Vinden are members of the scheme.
