Welcome to the December 2019 edition of the Madgwicks Lawyers Property Insights Newsletter!

Download the full Property Insights Newsletter here.

 

Articles include:

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.

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