by Tiffany Mechkaroff | Sep 15, 2021 | Building & Construction, Property Development, Property Law
A recent State Government announcement revealed that due to recently observed COVID-19 impacts on the construction industry, the Industry Enforcement and Engagement Operation and Building Authority and Worksafe bodies will be conducting a 4-week long compliance blitz...
by Tiffany Mechkaroff | Sep 13, 2021 | Property Development, Property Law
The State Revenue Office of Victoria (SRO) has released a new revenue ruling (DA-064), which attempts to clarify the meaning of ‘land development’ in the context of developers nominating their ultimate purchasing entity and the risk of triggering additional stamp...
by Tiffany Mechkaroff | Aug 31, 2021 | Property Law
The Commercial Tenancy Relief Scheme Regulations 2021 operates from 28 July 2021 until 15 January 2022. The State Government rent relief scheme is more complicated than the previous Jobkeeper-based scheme. The scheme introduces stricter compliance for tenants with...
by Tiffany Mechkaroff | Aug 3, 2021 | Property Law
The Victorian State Government will be introducing legislation today in relation to the new rent relief scheme for commercial tenants. The scheme is expected to operate until January 2022. Both landlords and eligible tenants should be negotiating now. How will rent...
by Tiffany Mechkaroff | Jul 28, 2021 | Property Law
The Victorian Government has today announced a new rent relief scheme for small to medium sized businesses. It will be available to tenants with a turnover of less than $50 million and who have suffered a decline in turnover of at least 30% due to Covid-19. Under the...
by Tiffany Mechkaroff | Jul 20, 2021 | Property Development, Property Law
Many Vendors, including Developers, agree to accept payment of Deposit monies days or weeks after a Contract has been signed. So can a Vendor recover monies from a Purchaser who has ‘cooled off’ before the Deposit has been paid? A recent Supreme Court Case, Leahy v...
by Tiffany Mechkaroff | Jul 19, 2021 | Commercial Law, Property Development, Property Law
So much has been written lately about the ‘new normal’ working environment in response to 5 lockdowns and months of working from home. The Age on Saturday July 17 published a well-researched piece with a headline that “The 5 day office week and commute is truly...
by Tiffany Mechkaroff | Jun 3, 2021 | Property Development, Property Law
The Victorian government’s handing down of the 2021 budget has suggested that those who have profited from the COVID-19 pandemic will be punished, with Victorian Treasurer, Mr Tim Pallas, stating that the 2021 budget will “increase taxes on top-end property owners who...
by Tiffany Mechkaroff | Mar 16, 2021 | Property Development, Property Law
Shopping for an Owners Corporation Manager is the easy part. It is the juggling act of maintaining your vision as a Developer whilst continuing to act in the best interests of the Owners Corporation that can at times prove challenging. In an attempt to create further...
by Tiffany Mechkaroff | Mar 1, 2021 | Commercial Law, Property Development, Property Law
After nearly a year of working from home, returning 50% (and now 75%) of staff to offices is confusing. Do we want to go back to our offices? Do we work better at home? Do we need our offices? Will the value of offices and bricks and mortar property be devalued? New...
by Tiffany Mechkaroff | Feb 18, 2021 | Property Development, Property Law
With the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (‘Regulations’) due to end on 28 March 2021, Landlords and Tenants are faced with interesting issues. Rent relief agreements Many Landlords and Tenants have negotiated...
by Tiffany Mechkaroff | Oct 6, 2020 | Property Development, Property Law
As if Victorian retail landlords and tenants didn’t have enough to contend with! Now they must familiarise themselves (and quickly) with the new amendments to the Victorian Retail Leases Act 2003. Here are the top 7 changes that you need to know: Disclosure Statement...
