Loose fill insulation asbestos testing
If your home was built before the 1980’s it could be affected by hazardous loose-fill asbestos insulation. Loose-fill asbestos is raw crushed asbestos which was installed as insulation in the 1960’s and 1970s and over time hazardous airborne fibres can move from the...
Stamp duty exemptions
This article was published in this month's edition of the Law Society Journal of NSW. In 1990 David and Debbie inherited two commercial investment properties from their parents as tenants in common in equal shares. Now they want to take one each. They consult you and...
Stamp duty and mortgage duty
On 11 May 2016 amendments were made to several NSW state revenue Acts. First Home - Owner Grant Scheme This scheme is available to first home buyers who purchase or build a new home. A new home includes a substantially renovated home. The definition of a substantially...
Shares and non-residents
Mary and Mark were both heavily involved in the share market and over the years generated a large share portfolio and bought several investment properties. They have come to you for legal advice often over the years and you have mentioned each time that they need to...
Swimming pool certificates of compliance and non-compliance
Are you considering selling or leasing your property that has a swimming pool or spa pool? If the answer is yes, you need a certificate of compliance or non-compliance. From the 29 April 2016, all properties being sold or leased with a swimming pool or spa pool need a...
The PPSR and rural purchases
The Personal Property Securities Register (PPSR) is a national electronic register whereby security interests can be registered over personal property. The register is primarily governed by the Personal Property Securities Act 2009 (Cth). Under the Act, personal...
When a delayed estate means tax stings await
You acted for Barry and Betty when they applied for probate of the will of their late mother Bertha. Barry is an investment banker and Betty a barrister - both with young children and both very busy. The will appointed Barry and Betty as executors and left everything...
Self managed super funds – Who controls it?
As many of us age, so do our pensioners and those relying on their superannuation. JMA Legal work extensively with accountants and self managed super funds and the deeds that govern them. Day to day we see the issues that can arise with funds. Recently, an elderly...
Legal update for owner-builders
Legal Update for Owner-Builders New laws, the Home Building Amendment Act 2014 and the Home Building Regulation 2014, concerning owner builders have been in place for just over a year. If you are planning a renovation to your property this year make sure you...
Your duties
You act for Tom who has been running a farming business since the early 1980’s, grazing sheep. Unfortunately for Tom his wife left him many years ago not long after their twins Gerrie and Matthew were born. Matthew and Gerrie both went to live with their mother...