Many claims by lender clients have involved allegations the practitioner failed to properly deal with the issue of security.
More on Securities
Client Resources
Parent to child property loans: Things to consider - Client Brochure
Conveyancing, Will Making, Mortgages, Client resources
16 Oct 24
This brochure is provided by LPLC as a template for lawyers to use for client information purposes. The brochure outlines what your clients should consider when they are planning to provide financial assistance to their child for the purpose of buying a home. Firms can use the sample brochure as it is, or use the word version to tailor the wording to suit their needs or create their own branded brochure.
LPLC Articles
Say no to solicitor certificates in institutional liability cases
Professional Responsibility, Solicitors Certificates, Personal Injury
13 Sep 24
In historic institutional child abuse claims, we are continuing to see requests by some defendants for plaintiff’s solicitors to provide an independent solicitor certificate on settlement of the plaintiff’s claim. The certificates typically contain statements to the effect that the solicitor acting for the plaintiff has explained to the plaintiff the purport and effect of the settlement deed, the plaintiff appeared to have understood that advice, and that the deed was signed voluntarily.
Checklists
Personal Property Securities – practice management
Personal Properties Securities, Personal Properties Securities
15 Jul 24
LPLC has created this Key Risk Checklist for practitioners dealing with Personal Property Securities matters. It covers practice management basics that will help you develop your approach.
Latest News & Alerts
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.
Alert
Vacant Residential Land Tax—Changes to ‘Holiday Home’ Exemption
Tax
17 May 24
The Victorian Government has introduced the State Tax Amendment Bill 2024 which, amongst other taxation changes, will (if passed) broaden the holiday home exemption to allow shareholders of companies, as well as certain beneficiaries of trusts and relatives of those shareholders and beneficiaries, to satisfy the exemption for a property owned by a company or trust.
Alert
Snapshot of Major Victorian Property Tax Changes effective from 1 January 2024
Conveyancing, Tax, GST, Leases, Building and Construction, Building and Construction
13 Dec 23
The State Taxation Acts and Other Acts Amendment Act 2023 received Royal Assent on 12 December 2023. The new law introduces significant property tax changes in Victoria with effect from 1 January 2024.