NS LEGAL PTY LTD

The Australian family law property division process is designed to ensure that the distribution of assets between spouses after divorce is fair and reasonable. Under Australian law, once a couple divorces, their assets and liabilities must be divided justly. This process is critical, because it shapes the future lives of both parties. In this article, we will explore the property division process under Australian family law.

A common way to buy a house or apartment in New South Wales is through a private treaty. When negotiating with prospective buyers, sellers will try to talk up the value of their property during the sale process to obtain a higher sale price.

A will is an important legal document, and anyone aged 18 or over can make one. Making a will ensures that an estate is ultimately distributed according to the testator’s own wishes. However, as a beneficiary of a will, what if you don’t want to inherit the estate?

This week, the NSW Government reformed the stamp duty surcharge and land tax surcharge. NSW will implement the international tax treaties that the Federal Government has signed with New Zealand, Finland, Germany, and South Africa (international tax treaties). Overseas persons from these countries will no longer be required to pay the Surcharge purchaser duty or Surcharge land tax.

After arriving in Australia, many people are eager to buy a car of their own for getting around. In Australia, which has a relatively well-established second-hand car market, buying a good-value used car is likely to be most people’s first choice. Using Sydney as an example, today’s article introduces some basic legal knowledge about buying and selling used cars.

Whether in our personal or professional lives, we inevitably come across various contracts and agreements — tenancy agreements, property sale contracts, commercial contracts, procurement contracts, property-distribution agreements, and more. The sheer variety of these contracts means we often find ourselves needing to draft, review, or approve them. Drafting a sound and enforceable contract is essential to protecting our rights and interests.

In overseas social news we often see stories where one spouse in a marriage has an affair, and the other party goes to great lengths to gather evidence to prove the cheating spouse was at fault, in the hope of securing a larger share of the assets during the divorce.

The New South Wales Government is launching an initiative called the Shared Equity Home Buyer Helper, designed to make it easier for first home buyers from groups such as single parents, older single people, and key workers to own their own home. Eligible buyers will be able to purchase a property with a deposit of as little as 2%. What criteria must be met? What should applicants watch out for?