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Category: Conveyancing and Property
New Building and Plumbing Commission Sets Higher Standards for Quality and Consumer Protection in Victoria.
This article was written by Charlie Wardrop as part of his internship with us here at Beck Legal. Charlie is currently studying Law and International Studies at Deakin University Geelong. As part of a recent set of housing policy announcements, the Allan Labor government has overhauled the Victorian Building Authority with a new industry regulator. …
Do you own an investment property? Are you prepared for the new taxes?
Natalie Diener – Associate Solicitor, Property and Development The Victorian Government’s 2021 expansion of Vacant Residential Land Tax (VRLT) from metropolitan Melbourne to Victoria wide comes into effect from 1 January 2025. The VRLT applies to residential properties vacant for more than 6 months in the preceding calendar year and is in addition to any …
A bag of flour and a church pathway
Natalie Diener – Associate Solicitor, Property and Development What does walking through a church yard and unloading bags of flour have in common? These both related to rights of way across someone else’s land, also known as an easement. Easements give rights to access someone’s land in some way without ownership and in each of …
Regional Housing Update
Shannon Chessells – Solicitor, Property and Development As part of the Victorian Housing Statement, on Friday 25th of October 2024 the Victorian Government announced the target numbers for new social and affordable housing in Victoria’s regional areas and the changes being made to assist with meeting these numbers. Here are the current regional housing numbers …
New stamp duty savings for off the plan apartment and townhouses purchases
Natalie Diener – Associate Solicitor, Property and Development The State Government has announced a temporary expansion of the stamp duty concession is to apply to off the plan purchases of dwellings (including apartments and townhouses) where the property being purchased is within a strata subdivision. Previously, only purchasers who were to live in the property …
Victorian Government Major Housing Policy Update
Last week, the Victorian Government announced a series of scheduled changes that will affect property and development in Victoria. Here’s what you need to know. Sunday Oct 20 announcementPlanning of 50 Metropolitan Activity Centres The Activity Centre program will see more homes for young people, families and downsizers around 50 train stations and tram stops …
What is an Equity Holders Agreement and Why do you need one?
Tegan Milne – SolicitorCommercial and Succession Planning If you’re a business owner or considering starting a business, an Equity Holders Agreement is an essential document that can safeguard the interests and clarify expectations of stakeholders in the business. An Equity Holders AgreementAn Equity Holders Agreement (or shareholders’ agreement) is an arrangement between equity holders – …
Common law public highway – the foundation of what makes a road
Kate Taylor – Solicitor, Local Government, Planning and Litigation In the matter of Anderson v City of Stonnington [2017] VSCA 229 the Court of Appeal (“VSCA”) considered multiple pertinent issues in relation to dealings between Local Councils and private landowners over old laneways. The principles deriving from this case are, however, applicable to dealings over roads …
Employee or Contractor? And why it’s critical for business owners to know the difference.
Shaun Stephenson – Solicitor, Commercial and Succession Planning You often hear of high profile businesses being under scrutiny for underpaying their staff or being subjects of employment claims due to incorrect staffing engagement. This can occur in any industry from supermarkets to airlines. No matter how large or small your business is, if you are …
5 steps to take when buying a business
Tegan Milne – SolicitorCommercial and Succession Planning The below 5 steps are only a few of the steps we recommend you take when getting ready to buy a business. Understand how the business is performing – your Accountant will be integral in helping you understand the business financials, however it is important that you also …