Reflecting on 2024 at WJM Lawyers As 2024 draws to a close, we take pride in reflecting on a year of growth, success, and meaningful contributions to the Geelong community. At WJM Lawyers, this year has been defined by exciting changes, impactful partnerships, and exceptional client outcomes. From moving into our new office to welcoming [...]
Victoria has introduced a new tax system for commercial and industrial properties that could potentially impact your commercial or industrial property. Starting from 1 July 2024, the traditional stamp duty on these properties is being replaced by an annual Commercial and Industrial Property Tax (CIPT). Here’s a simple breakdown of what this could mean if [...]
In recent years, there has been a notable surge in what has been dubbed as the ‘Bank of Mum and Dad’ transactions. This term reflects the increasing trend of parents financially assisting their adult children, particularly when it comes to property purchases. While this familial support can offer numerous advantages, it also comes with its [...]
Picture this— You and your sister have decided to invest in a house together, marking your entry into the real estate market. Both of you agree to contribute equally to the deposit and mortgage payments. However, life can at times be unpredictable with unexpected turns and challenges. What would happen in this circumstance if your [...]
Property easements grant the right for an individual, group or company to access, use or cross someone else’s property for a particular reason. Common easements can include shared driveways, power lines or sewerage. Understanding property easements is important as they can potentially impact your property value, and use of the area that the easement covers. [...]
When it comes to commercial leases, you should have an experienced lawyer review the paperwork. Why? Because once you sign a commercial property lease, you are legally bound by its contents. Therefore, it's imperative to understand your responsibilities and obligations before making a significant financial commitment to your business. Commercial property lease clauses If you [...]
There is usually a lot at stake when dealing with land. Property disputes often have serious financial implications because you may end up losing part of your land. And if you do not deal with the problem early it will usually be an expensive exercise to resolve. People also underestimate the non financial impacts [...]
Retirement villages are becoming popular across Australia, offering an active lifestyle. If you're considering entering into an agreement to live in a retirement community, it's important to note that it's not a simple property transaction. Entering a retirement village agreement is a complex legal transaction and requires attention. Before you sign a retirement village agreement, [...]
Will Punivalu, Principal at WJ&M Geelong, shares his insights Whether you are selling or buying, you should consider whether you need a property lawyer or a conveyancer to help guide you through the process. Selecting a property lawyer or conveyancer or both for your property transaction Choosing between a property lawyer or a conveyancer usually [...]
As property lawyers in Geelong, we often get asked the same questions by first-time home buyers, so we’ve decided to answer a few frequently asked questions to help you. If your question is not answered in this publication or you need further advice on residential conveyancing, contact us on (03) 5222 2077 or email info@wjmlawyers.com.au [...]
