May 26, 2022 · Mingqiang
De facto relationships and legal marriages carry similar property rights, but different deadlines after breakdown: 2 years from separation for the former and 12 months from the divorce order for the latter. De facto partners can also sign a property agreement before or during cohabitation.
May 23, 2022 · Mingqiang
If a NSW commercial tenant uses premises in breach of the lease, the landlord can inspect under the rules or follow procedures to terminate the lease. Routine inspections require coordination of a time and advance notice; before requiring make good, check for an express lease clause.
May 20, 2022 · Mingqiang
To start a business as a sole trader in Australia, you need an ABN. Trading under a name other than your own requires ASIC registration. GST registration depends on turnover thresholds and specific circumstances, and relevant business licences are generally also required.
May 19, 2022 · Mingqiang
Starting a business in Australia involves choosing a structure that affects liability, costs and management. Sole traders control the business and have unlimited liability; partners share debts and losses. A company is a separate legal entity, with higher establishment costs and more record-keeping and reporting requirements.
May 18, 2022 · Mingqiang
Even without a marriage certificate, a de facto relationship may involve property settlement and spousal maintenance. Recognition depends on whether the couple lives together on a genuine domestic basis, with housing, finances, mutual commitment and other factors considered together; no single factor determines the outcome.
May 13, 2022 · Mingqiang
With commercial rent arrears, consider negotiating rent relief or a payment plan, following procedures for early termination, assigning the lease or subletting. Subletting is an option with ample space, but requires landlord consent and proper procedures. You remain liable for unpaid subtenant rent and head lease obligations.
May 10, 2022 · Mingqiang
When buying with a spouse, siblings or friends, ownership structure affects shares and inheritance. Joint tenancy carries a right of survivorship; tenancy in common allows unequal shares. All buyers must be named in the contract when it is signed.
May 6, 2022 · Mingqiang
When divorcing in Australia, property held in one spouse’s name still enters the joint property pool. Property proceedings must start within 12 months of divorce. After that, you must first seek the court’s leave and demonstrate hardship; property division can proceed only once leave is granted.
May 5, 2022 · Mingqiang
After divorce, equal shared parental responsibility generally means making joint decisions about a child’s education, health and other matters. It does not mean dividing time equally. Whether equal time is appropriate also depends on the child’s best interests and whether the arrangement is reasonably practicable.
May 4, 2022 · Mingqiang
In most cases, minors can sign property purchase contracts in Australia. Enforcement risks may deter sellers and make many lenders unwilling to lend. Through a trust, an adult parent or guardian can hold title as trustee and handle borrowing and related matters.
