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...
by Tiffany Mechkaroff | Sep 30, 2020 | Property Development, Property Law
Just in the nick of time – the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 have been amended. The amendments take effect from 29 September 2020. Some of the most important changes are around the rent relief application...
by Tiffany Mechkaroff | Aug 30, 2020 | Property Development, Property Law
COVID-19 has turned the world as we know it upside down and many things which were previously foreign to us have become the ‘new normal’. With the introduction of Stage 4 restrictions in Victoria, online shopping is currently our only option to buy non-essential...
by Tiffany Mechkaroff | Aug 21, 2020 | Property Development, Property Law
As we published yesterday, the Victorian State Government has announced that the Commercial Tenancy Relief Scheme (“Scheme”) will be extended to 31 December 2020. As part of this announcement, the Victorian State Government announced much broader land tax relief for...
by Tiffany Mechkaroff | Aug 21, 2020 | Property Development, Property Law
Although it has always been clear that the National Mandatory Code of Conduct (Code) would apply during ‘the period during which the JobKeeper program is operational’ (which is now until 31 March 2021), it was unclear about whether the Victorian COVID-19 Omnibus...
by Tiffany Mechkaroff | Aug 7, 2020 | Property Development, Property Law
What was initially unclear, has now been confirmed. The Victorian Government has now clarified that pre-settlement property inspections are permitted if a contract had been signed at the start of the ‘stay at home period’ (being 11:59pm on 5 August 2020). Any such...
by Tiffany Mechkaroff | Aug 5, 2020 | Property Development, Property Law
Following on from Lisa Fowler’s ‘Hope for HomeBuilder’ article published earlier this week, the Commissioner of State Revenue has just announced that in Victoria a blanket extension of 3 months will be applied to the ‘commencement of construction’ HomeBuilder...
by Tiffany Mechkaroff | Aug 3, 2020 | Property Development, Property Law
When the HomeBuilder grant was announced on 4 June 2020, there was disappointment across the off-the-plan residential market as it seemed unlikely (if not impossible) that the HomeBuilder grant would be workable for off-the-plan sales. However, by clarifying the finer...
by Tiffany Mechkaroff | Jun 9, 2020 | Property Development, Property Law
The government restrictions imposed as a result of COVID-19 has made many parties to conveyancing transactions ask us about how their property settlements can possibly proceed. Thanks to technology which is widely adopted such as PEXA, State Revenue Office Duties...
by Tiffany Mechkaroff | May 17, 2020 | Property Development, Property Law
One of the most frequently asked questions by both tenants and landlords concerns the type of information which should be provided by a tenant as part of a request for rent relief. There has been much confusion and concern as to what information is reasonable and...
by Tiffany Mechkaroff | May 4, 2020 | Property Development, Property Law
In recent days the Victorian parliament has passed both the COVID-19 Omnibus (Emergency Measures) Act 2020 (the Act) and the eagerly awaited COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Regulations) to give effect to the...
by Tiffany Mechkaroff | Apr 12, 2020 | Private Wealth, Property Development, Property Law, Structured Finance and Investment
Whilst there is so much of this Covid-19 pandemic that we have never seen before, what we have seen before is how markets react when economic conditions change suddenly. And how opportunities are created. Right now deals are on the brink. Traditional lenders are...
