Will sellers pay for building and pest inspections in Victoria?
If you have bought, or tried to buy, a home in Victoria, you have almost certainly paid for at least one building and pest inspection — and if your search dragged on, possibly several. Under the current system, that cost falls entirely on the buyer, whether or not your offer is ever accepted. That could […]
What is a default notice in a property contract in Victoria?
When a property settlement goes wrong, the first formal legal step is almost always the same: serving a default notice in a property contract in Victoria. This document sets the enforcement process in motion, puts the defaulting party formally on notice, and opens the door to remedies that can include termination of the contract, forfeiture […]
Buying property with tenants in Victoria : what buyers must know
Buying property with tenants in Victoria is not a standard conveyancing transaction. It is a legally layered process governed primarily by the Residential Tenancies Act 1997 (Vic) and the standard Contract of Sale issued by the Law Institute of Victoria (LIV). Whether you are an investor purchasing a rental asset or an owner-occupier intending to […]