Well that is interesting, I work in conveyancing and deal with different titles etc frequently, have never come across a property with all flats on one title. I don’t think it would be too much hassle to get it subdivided though, maybe call your solicitor and have a quick chat with him about the kind of work involved. My opinion is that you would…[Read more]

Yeh I agree, look you have to think of yourself and if there is no special condition permitting him to live there at a set rental, well you have to tell him that you either want $200-$250 per week or he can move out! Did you take a mortgage out to buy the property – if so maybe just charge him your mortgage repayments, but don’t charge less…[Read more]

Hi! I work in a law firm as a conveyancing clerk and am frequently involved in purchases by trusts. In Victoria, it is not possible to purchase a property in the name of a trust, all documentation must either be completed in the name of a company, or in the name of the beneficiaries. If it is a company, they normally execute a document stating…[Read more]