News Centre
December 7, 2022 · Mingqiang
Why Do a Title Search When Buying Property?
When buying property or transferring title in Australia, a title search (title search) is usually required. It is one of the most important steps in a property transaction, covering both title investigation and clearance. Generally, the buyer’s solicitor will order a title report from the Title Company and conduct a thorough review of the property’s ownership records — checking whether there are any outstanding mortgages, unpaid land tax, strata management fees, council fines or other debts registered against the property. If the property solicitor identifies any defects on title, the vendor must clear those defects at this stage to protect the buyer’s interests after settlement. Only once the title is confirmed to be clear and the other settlement conditions are satisfied can the parties arrange settlement. The reason a title search is done is that it helps the buyer understand the full picture and history of the property. Just how important is a title search, and what should you look out for? In this article we’ll walk you through it.
December 2, 2022 · Mingqiang
As a Company Director, Have You Applied for Your Director ID?
In Australia, company directors must apply for a Director ID. Company directors were required to apply for a Director ID by 30 November 2022, otherwise they may face fines of up to AUD 13,000. However, the Australian Business Registry Services (ABRS) has announced a grace period — applying for a Director ID before 14 December 2022 will not attract any penalty. Please do not miss this application deadline!
November 29, 2022 · Mingqiang
FAQs on the New Bill: First Home Buyers in NSW Can Now Choose an Annual Property Tax in Place of Stamp Duty
On 21 June this year, the New South Wales Government introduced a new housing policy for first home buyers called the “First Home Buyer Choice”, which allows eligible buyers to choose to pay an annual property tax instead of a lump-sum stamp duty. After five months of negotiation, the property reform backed by NSW Premier Dominic Perrottet has now passed Parliament.
November 24, 2022 · Mingqiang
Can I Revoke a Previously Established Power of Attorney? How Do I Do It?
Many people who have settled in Australia often need to travel between Australia and China to handle various matters, such as property transactions, banking, and so on. However, sometimes when you are in China and cannot come to Australia in time to deal with matters here, arranging a Power of Attorney in advance may be a good option. A Power of Attorney can grant someone you trust the authority to make decisions on your behalf.
November 23, 2022 · Mingqiang
Do Retail Leases Require Advance Notice Before Expiry?
In business, the lease is at the heart of the relationship between landlord and tenant. Signing a lease agreement is a significant commitment for both parties. Today we’ll discuss retail leases and the circumstances in which the written notice principle must be followed.
November 22, 2022 · Mingqiang
An introduction to liens in Australia — everything you need to know
What is a lien in Australia? In which areas of everyday life can liens arise? What types of liens exist, and what should you watch out for with each? Read on for the answers.
November 18, 2022 · Mingqiang
How Can Separation Under One Roof Satisfy the Divorce Separation Requirement?
In our previous article “Requirements and Process for Applying for Divorce in Australia”, we introduced the conditions that must be met and the specific application process for applying for divorce in Australia. The article mentioned that one of the requirements for applying for divorce is the separation requirement—before applying for divorce, you and your spouse must have been separated for at least 12 months.
November 17, 2022 · Mingqiang
Received Spam Marketing Emails — Did You Unsubscribe?
In recent years, Australian businesses have frequently been targeted by hackers, leading to leaks of users’ personal information. Legislation and regulation around personal data privacy have become a national hot topic, and this has also made spam email more prevalent. It is not uncommon to receive a dozen or more marketing emails from different companies each day, and the build-up of these messages can cause us to miss important emails. In this article we focus on how businesses should set up a lawful marketing email system.
November 15, 2022 · Mingqiang
20 Common and Important Australian Visa Conditions Explained
On an Australian visa grant letter, you will often see visa conditions identified by four-digit codes. Many visa holders don’t fully understand what these conditions mean. These visa conditions must not be ignored. Breaching them can cause serious problems for your future Australian visa renewals, immigration, or studies. Today we will walk you through the various Australian visa conditions and explain the key points you need to know.
November 10, 2022 · Mingqiang
When a dispute arises in Australia, can I choose to “settle privately”?
When living in China, if people run into minor disputes — such as a minor traffic collision — the two sides often choose to settle the matter privately once they reach an agreement. So after moving to Australia, does the concept of a “private settlement” exist here as well?