This checklist will help practitioners avoid the most common claims when acting for private lenders. The items in this checklist are the minimum requirements which would usually apply when acting for a lender regardless of whether the loan is one off or for a more experienced private lender.
This article from 2015 covers common pitfalls of private lender clients and recommends steps practitioners can take to mitigate risk.
This webinar looks at common mistakes and lessons for practitioners in anticipation of increases in private lending, difficult financial times ahead and an uncertain property market.
When acting for private lenders you need to pay careful attention to the security on offer. If borrowers default the focus will be squarely on the security and why the lawyer didn’t make sure it was adequate.
Legal practitioners acting in property transactions take note that the foreign resident capital gains withholding (FRCGW) rules are changing on 1 January 2025.
The Legal Practitioners’ Liability Committee (LPLC) is pleased to announce the appointment of Mary Maini as LPLC’s new Chief Executive Officer from 6 January 2025.
The LPLC Annual Report for 2023–2024 was tabled in the Victorian Parliament on 31 October 2024.
