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  • Profile photo of Scott No MatesScott No Mates
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    If the user is going to be a business use (not residential usage), then you would generally be much better served with a commercial lease agreement rather than a residential tenancy agreement. The RTA lease is set up for home occupancy not for commercial use and so may not suit the purpose you seek.

    Profile photo of Scott No MatesScott No Mates
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    It is very unlikely that BC will give consent to a non-owner for anything. Why would adding a window be a deal breaker?

    Adding a window may change the fire dynamics of the building and may require a DA/neighbour notification.

    Profile photo of Scott No MatesScott No Mates
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    You also need to consider the CGT implications as well.

    How separate from the property do you need to be? A company trustee with you as directors of the company may not provide the separation required. 

    Profile photo of Scott No MatesScott No Mates
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    If the land is commercial, then provided that you will not be living in any building built on the land there is no conflict.

    Depending upon which state that you live, you will need specific advice from legal and town planning with regards to the lease term so as not to appear as a sale to the end user (to avoid paying stamp duty) ie leases over 20 years (including 4 x 5 year options etc) can cause issues.

    Profile photo of Scott No MatesScott No Mates
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    Did she not use a solicitor or conveyancer who explained the contract to her?  Oh she sold the unit, was it at a healthy profit?

    Profile photo of Scott No MatesScott No Mates
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    Check the WA Consumer Affairs website. It should have advice on what your rights and obligations are under the new form of lease (is it an REIWA lease or the new type lease?).

    Technically, you will be obliged to pay the rent until a new tenant is found unless there is a break clause in the lease. You will need to pay the owners costs in respect of advertising, lease preparation, reference checks etc.

    Profile photo of Scott No MatesScott No Mates
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    Also a change of address on your car licence & other bills (insurance, bank accounts/loans etc) will also help.

    Profile photo of Scott No MatesScott No Mates
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    Just get power/phone connected in your name (billing via email/direct debit). Then disconnect and transfer into tenant's name after a month.

    Profile photo of Scott No MatesScott No Mates
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    The contract may provide that the deposit be put in an interest bearing account in joint names of the purchaser & vendor. In this low interest environment, even a $100k deposit will earn very little interest over the 40 days that the funds are held in trust.

    As Shahin points out, the RE trust account does not earn interest (this is creamed off by the State Govt for some RE fraud scheme).

    Profile photo of Scott No MatesScott No Mates
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    Depending upon the LEP (what they define as floor space and what is excluded), then it may be total building area per townhouse.

    Profile photo of Scott No MatesScott No Mates
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    Try your luck with council on the premise of needing to replace the fence.

    Profile photo of Scott No MatesScott No Mates
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    You've lost me on the 154 jason. Is the 55% a site coverage figure? Why do you divide by 5?

    770 m2 is just over half of the site.

    Profile photo of Scott No MatesScott No Mates
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    FSR calculations are close to what you've got however you need to understand what the LEP counts in the FSR. Depending upon the definition, FSR may exclude such areas as garages, storerooms, voids, garden etc. The other thing you need to watch is the % or area required as private open space (ie yard area).

    As for units with an FSR of 2:1, then 1400 m2 will yield 2800 m2 of development however, same conditions apply (read the LEP). Something else to temper the development will be the required setbacks (front, rear, sides) as well as any height restrictions or building envelopes.

    Refer to your building designer/architect/town planner for clarification.

    Profile photo of Scott No MatesScott No Mates
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    Let's kill 2 birds with one stone: give each farmer a new Holden ute ;)

    Bolsters the (new) car industry, assists farmers by replacing some older equipment.

    Ruins used car sales prices.

    Profile photo of Scott No MatesScott No Mates
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    Buckley's chance of success unless you can show that they have breached the agency agreement. They may be incompetent, useless, a waste of oxygen 

    Good luck.

    Profile photo of Scott No MatesScott No Mates
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    Possibly, RPData full service. You may have some luck with onthehouse.com.au or oldhomelistings.com.au

    Profile photo of Scott No MatesScott No Mates
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    Nothing too unreasonable on your part Mosaic. As for weekly opens, depending upon the state you are in, the  agent can only arrange opens in the last X weeks. Are you on holdover/expired lease now? If so, then the agent has to give a greater period of notice to terminate (60/90 days), you only need 21 days.

    Inaction/BS answers from the PM that the owners don't want to do work, just doesn't wash – more like agent can't be bothered/too busy/doesn't want to disturb owner/hasn't got balls to ask owner etc.

    Profile photo of Scott No MatesScott No Mates
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    Have you reviewed the council DCP to determine the minimum lot size required for a house? Even if you already have 2 titles, you may need 600 m2 to build a house? What size would be required for duplexes/villas (if permitted).

    Profile photo of Scott No MatesScott No Mates
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    Generally, I don't change locks/have them rekeyed. In one instance I had a place with 7 different keys: security doors, front/back doors, side door, dead locks etc. Had them all keyed alike.

    Next time around, will be looking at electronic combination locks ie swipe card type where they can be reprogrammed for the next tenant. Less than $300/lock.

    Profile photo of Scott No MatesScott No Mates
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    If you want to know the growth rate, get friendly with a local agent then ask them for a list of the last 5 years sales for the area. Then analyse these sales figures. Do it by category ie Units 1 bed, 2 bed, 3 bed units, then do similar with houses/villas/duplexes and compare year on year sales. If you are really serious, compare the properties ie similar age/new.

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