What is a Body Corporate? A body corporate, in the context of Australian property law, is a single entity that owns and manages a group of residential or commercial units. This legal structure is popular in Australia for multi-unit developments, as it offers owners and residents a high level of protection and governance. The body …
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When a couple is going through a divorce, one of the things they have to deal with is property settlement. They have to disclose all the properties that should be split. However, there’s one thing often initially overlooked: splitting superannuation assets. In the past, one party could hide their superannuation assets from the other during …
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Over the years, blended families have become common in Australia. Some marriages end in divorces or separations, while other couples enter de facto relationships. In turn, families have become more complicated structures that often include biological offsprings, adopted kids and stepchildren. All of these have a legal impact when a parent passes away. That’s especially …
Location is a key factor in purchasing commercial property. You want to ensure the building or space is situated in an area conducive to business activity. But it isn’t only the factor you have to prioritise—you also have to think of the condition of the property, its size, its price and whether it has a …
Due Diligence Checklist for Buying Commercial Property Read More »
