Welcome to the December 2019 edition of the Madgwicks Lawyers Property Insights Newsletter!
- Foreign Purchaser Additional Duty – Updates and Exemptions: Partner James Christodoulakis explains the recent increase in duty payable when a foreign purchaser acquires residential property in Victoria as well as exemptions available.
- Home is where the heart is: Adverse possession in urban Melbourne: Associate Bethany Visser delves into adverse possession in Melbourne following a recent Sydney decision where a property developer succeeded in obtaining the title deed to an entire house based on the principle of adverse possession.
- Lenders, don’t get complacent about your National Credit Code obligations: The National Credit Code imposes a number of onerous obligations on lenders and serious penalties for non-compliance. Lawyer Luke Udvardi provides a useful refresher to lenders of the importance of undertaking necessary due diligence in order satisfy themselves as to the application and use of credit being advanced to borrowers.
- How is telecommunications leasing different to any other type of commercial leasing? Part 3: Variations to the usual commercial leasing positions: Following on from Part 1 and 2 of Legal Executive Lauren Milne’s three-part series, the series finale explores some of the interesting variations to usual commercial leasing positions.