Checklist to help practitioners manage risk in lease transactions.
Landlords practitioner checklist.pdf
Covers:
- Preliminary
- The Lease
- Security Deposits
- Disclosure for Retail Leases Act leases
- Default and re-entry
More on Property
Webinars
Duty exemptions when transferring real estate from a trust
Conveyancing
20 Feb 25
Claiming a duty exemption for the transfer of real estate from a trust to a beneficiary may seem simple however, the case law indicates an exemption can be fraught with complexities and risks to practitioners. Missing a crucial requirement can trigger unexpected duty liabilities.
LPLC Articles
Subject to finance requires strict compliance
Conveyancing
20 Feb 25
Many contracts for the sale of land include a ‘subject to finance’ clause giving the purchaser the right to end the contract if they cannot get loan approval. The clause imposes a number of things that the purchaser must do, usually within a tight time frame, before they can use the clause to end the contract.
Practitioner Resources
Guide to Property Taxes (Victoria)
Conveyancing, Tax, GST, Resources and information, GST
06 Feb 25
Practitioners are often engaged by a client to ‘do the conveyancing’ associated with the sale or purchase of real property. Typically, they are not specifically instructed to provide taxation or stamp duty advice, but there is usually no transaction relating to real property that doesn’t have taxation or duty implications
Latest News & Alerts
Alert
Foreign Resident Capital Gains Withholding Rule Changes
Tax
12 Dec 24
Legal practitioners acting in property transactions take note that the foreign resident capital gains withholding (FRCGW) rules are changing on 1 January 2025.
News
New CEO to lead LPLC in 2025
03 Dec 24
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.
News
LPLC Annual Report 2023-2024
31 Oct 24
The LPLC Annual Report for 2023–2024 was tabled in the Victorian Parliament on 31 October 2024.