Posts on Feb 2022

Joint Tenancy vs Tenants in Common

Joint Tenancy

Joint Tenancy vs Tenants in Common

In preparing the transfer of land you will be required to set the division of ownership of the property which can either be a joint tenancy or tenants in common, each of which have different legal and financial effects on the rights of the owners should one party pre-decease the other or sell their interest in the property.

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What is a section 32?

What is a section 32?

What is a section 32?

Section 32 vendor statements were introduced in 1983 to enhance consumer protection by requiring the vendor in the sale of real estate in Victoria to give certain disclosures to a purchaser before entering into a contract for the sale of the property.

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