What is a GST Withholding Form? Do I need it for my property sale?
If you are selling property, you may be obligated to notify Purchasers to withhold GST from the purchase price on the contract. The withheld GST is to be paid to the Australian Tax Office (ATO). This can apply to some residential properties and potential residential land. Failure to notify is a strict liability offence that may lead […]
What does “subject to Building and Pest Inspection” mean?
Looking to develop your land? Here are 4 things to look out for
Purchasing a block of land is an exciting process to bring to life your dream home on a blank canvas. However, you should be mindful of obstacles when developing the land. In addition to planning permit requirements and specific regulations, there are various other means by which property development can be restricted, including the following: […]
Do I attend settlement myself? What is PEXA?
How the new regulations on swimming pools and spas may affect you
5 contract terms you should know about before signing a written offer
Buying a property with flammable cladding: how to manage the risks
If you have any questions or wish to engage with our services, email us at hello@wlegalgroup.com.au or call us on +61 3 9590 6180.
Sellers: what is a Section 27 statement and why you want one
Everything you need to know about the First Home Owners Grant
The First Home Owners Grant (FHOG) is an incentive offered by the Australian government for the purpose of helping first home buyers enter the property market in both metropolitan and regional areas. Each state’s revenue office manages the subsidization slightly differently. In Victoria, the incentive includes a one-off payment of $10,000 for properties in metropolitan […]
Can you change lawyers during a transaction?
