The conveyancing process is unfamiliar for many purchasers of real estate. The role of a practitioner acting for a purchaser buying land includes understanding what the client intends to do with the property, explaining the contract to the client and ensuring they understand what is required of them.
More on Property
LPLC Articles
Commercial and Industrial Property Tax reform in Victoria — What you need to know
Conveyancing, Tax, Sale and Purchase of Business
19 Apr 24
The Commercial and Industrial Property Tax Reform Bill (the Bill) was introduced into the Victorian Parliament on 20 March 2024. The reforms are expected to pass into law in early May before commencing on 1 July 2024.
LPLC Articles
Spousal land transfer duty exemptions — tips to avoid claims
Conveyancing, Tax
21 Mar 24
LPLC is continuing to see conveyancing claims where practitioners have assisted clients transferring property to a spouse or domestic partner, with an exemption from paying land transfer duty under section 43 of the Duties Act 2000 (Vic) and have failed to provide adequate advice about the criteria for the exemption.
LIJ Articles
Solicitors’ undertakings carry risk
Conveyancing, Leases, Professional Responsibility, Commercial
01 Mar 24
Only give undertakings when you can control and ensure compliance.
Latest News & Alerts
News
PI Insurance renewals open
05 Apr 24
The LPLC Professional Indemnity (PI) Insurance portal is open for processing renewals for the 2024–25 year for private law practices.
News
Holiday Season hours and new office location
21 Dec 23
Our office will be closed from 5pm on Thursday 21 December 2023 and will re-open at 9am on Monday 8 January 2024.
LPLC’s office will relocate to new premises at Level 19, 140 William Street, Melbourne, VIC 3000 from Monday 15 January 2024. Phone and email contact details remain unchanged.
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.