A Partnership Agreement is a contract between all the partners in a business and outlines each partner’s duties and responsibilities, governs important matters that arise from the business, procedures for making business decisions and how to resolve disputes amongst partners. The relationship between business partners can deteriorate if they do not understand their duties, roles and obligations. This is…
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Buying off the plan means purchasing a property that has not yet been built. Consequently, the contract does not have a definite settlement date which can only be estimated at the time of entering it, with a range of contingencies likely to influence completion. A sunset date is a final date provided under the contract…
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If you are a small business owner, there is a good chance that at some point you will consider suing someone to recover a debt, seek damages for a breach of contract or to resolve an employment dispute. If you are considering commencing a legal action, it is important to understand the basic procedures involved.…
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Commercial leases form part of many business transactions and commercial property is a popular investment choice. Whether you are a tenant or landlord, there is much to consider when entering into a commercial lease. Some commercial leases are classified as ‘retail’ and fall under specific legislation operating in various States. With the increase of retail…
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If you’re in the unfortunate situation of going through a break-up you have probably heard all sorts of ‘advice’ from well-meaning friends and family. Family and friends are a great source of emotional and physical support when you have separated, however good legal advice is essential so you are aware of your rights. Being properly…
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Probate is a grant made by a Court that ‘proves’ the Will of a deceased person and vests title to estate assets in the executor/s. This is the official process that allows the executor to deal with the deceased’s estate. As the legal personal representative of the estate, the executor must determine the assets and…
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Dividing property after partners separate is generally stressful, with each party concerned about his or her financial future. The bankruptcy of one party adds a further dimension of complexity to a family law property settlement. Even partners whose relationship is intact should seek urgent legal advice if one of them is facing bankruptcy or insolvency…
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Most people over 18 years of age should consider having a Power of Attorney in place. A Power of Attorney is a legal document made by a person (known as the principal) that authorises one or more others, on behalf of the principal, to do anything the principal can lawfully do. The extent of matters…
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Separated couples unable to resolve matters regarding parenting and finances through mutual agreement can apply for interim orders in the Federal Circuit Court (or Family Court for some more serious and complex cases). Interim orders are “temporary orders” and usually made as a matter of urgency to determine parenting and financial matters until the final…
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Anyone who sells land in Victoria is required to disclose certain information to the purchaser by providing a disclosure statement. This statement is commonly known as a “vendor’s statement” and must be provided to the purchaser before the purchaser signs a contract for sale. In October 2014 important changes were made to the information that…
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