Tax Issues

The Sale of Land Act 1962 (Vic) regulates a vendor’s right to end a contract of sale pursuant to a ‘sunset clause’ in residential off the plan sale contracts (ROTP contracts).

There is a good reason why you should always include a water information certificate in a section 32 statement. The certificates will show the water and sewer lines, which are unregistered easements, and need to be disclosed.

LPLC continues to see claims involving land transfer duty (stamp duty) and other state property taxes.