Hi allThe crux of the Privacy Act is the purpose for which a person gives information and the use to which that information is put.  A tenant provides information in the lease application so that the landlord is able to make a decision on whether to lease the property to that person.  Firstly filling out all the relevant information on the form, t…[Read more]

I'm with everyone else.  Unless you have actually purchased at auction, it would be a standard contract with the normal cooling off period.  However, I cannot fathom that a vendor would accept an offer with a cooling off period only one day before an auction and risk the contract falling through simply because the purchaser decides not to p…[Read more]

I was just looking at one of my property management folders yesterday on another matter and I saw that when one of my properties is leased and I get a letter of confirmation of lease from my PM, the front page of the application is always stapled to it.  I would be reluctant to engage a PM whose solicitors misinterpret the law!!As to confidence…[Read more]

Hi xpineUnless the contract specifically says that GST is payable on top of the contract price, then the price stated in the contract is the purchase price.  Are you sure there's nothing in there about GST.  It is part of every standard form of contract that I have ever dealt with.  Look and see whether in the standard part of the contract (not th…[Read more]

ABS is also trading at close to $2.00.  On Monday it was trading at close to $4.00.CheersK

Hi DaedalusThe solicitor's interpretation of the RTA is bollocks.  The application for tenancy is, by its very nature, an authority for the customer's (tenant)  information to be supplied to the client (you).  You have instructed the PM to be your agent (agent being a person who acts for you), so if they are entitled to look at the information, of…[Read more]

Hey trakkaNo consideration is required to enter into a contract.  Consideration is required only in exchange for the thing you want to receive, ie, property.A deposit shows only that you are serious about entering into the contract, that is, it makes your offer more attractive to the vendor.Chappell, I've got to ask, if a family emergency has…[Read more]

Hi xpine73.GST is only relevant if you are buying in the name of a company registered for GST.  If you are buying it in your own name then it is not an issue at all.CheersK

You can go whatever you can get away with.I have never paid more than a $1000 deposit.  In some circumstances I have said that I will pay a $1000 deposit but the agent has never chased it up.What would be the benefit to you of not paying a deposit, even a small one?CheersK

Hi AmberPM me if you like.  I may have some information on the block you are looking at.CheersK

Hi AmberWe have used Earl James & Associates before and they do a great job.  They do quite a lot of unit titling up in the NT.  Their number is (08) 8981 2494.In a (very basic) nutshell, if the building conformed to requirements at the time it was built, then it can be unit titled even if it does not meet today's requirements.  The thing you rea…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]

Hi Dave

Call the RE Institute in the state where you want to buy.  I know that sometimes the agents want a bank cheque for a deposit.  If the auction is on a Saturday afternoon, obviously it is impossible to know how much the property is going to sell for and therefore impossible to have a bank cheque for a 10% deposit.

Depending on where you a…[Read more]