This third webinar topic in the LPLC ‘Conveyancing series’ addresses the issues that practitioners need to consider and advise on, when acting for a purchaser.
Presented by LPLC Risk Manager Phil Nolan, this webinar explores when to refer purchasers to appropriate experts for non-legal matters and why it is important to address due diligence obligations and use checklists to collect information.
The second topic covered in LPLC’s 2020 ‘Conveyancing Series’ follows on from the previously held 'Building a better section 32 statement' webinar and looks at contracts of sale. Presented by LPLC Risk Manager, Phil Nolan.
Every year the LPLC sees claims related to inadequate section 32 statements under the Sale of Land Act 1962 (Vic). This is the first in LPLC's Conveyancing Series 2020 webinars presented by LPLC Risk Manager, Phil Nolan.
In this webinar, Phil Nolan considers the most common errors practitioner’s make involving GST, CGT, land tax and duty in conveyancing transactions. This session covers some practical exercises to demonstrate the root causes of claims and Phil provides tips on how to avoid those claims.
The LPLC Annual Report for 2023–2024 was tabled in the Victorian Parliament on 31 October 2024.
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.
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.
