Category: Property Law

Real estate agents – only licensed in one jurisdiction? No worries!

In exciting news for real estate agents, Consumer Affairs Victoria has announced that Victorian licensed estate agents can now rely on the Automatic Mutual Recognition scheme (‘AMR’) to provide their services in participating jurisdictions outside…

Developers and home buyers can breathe a little easier … but for how long?

The Andrews Government has pulled introducing its next new Victorian property tax to Parliament, on the back of a proposal which would have seen developers funding (in part) the government’s Big Housing Build (being its…

Relationship breakdown? You’ll be taxed for that!

When a marriage or de facto relationship breaks down, it’s never easy. Apart from the obvious emotional challenges, separation and divorce will often result in significant financial challenges, particularly when there is real estate involved….

How do the new Commercial Tenancy Relief Scheme Regulations apply to you?

On 1 February 2022, the Victorian Government’s third generation of the Commercial Tenancy Relief Scheme Regulations (2022 Regulations) were brought into effect.  The 2022 Regulations operate from 16 January 2022. As the 2021 Regulations expired…

Commercial rent relief extension

The Commercial Tenancy Relief Scheme (CTRS) came into effect on 28 July 2021 and was due to expire on 15 January 2022. It offered rental relief to qualifying businesses that had suffered a decline in…

KKI property team manage $200+ million in property settlements

As most of us have tried to enjoy that break that we deserved so much more this year than any other we are overflowing with appreciation for the dedication of the KKI crew who put…

Is the dream of home ownership actually realised under the Homebuyer Fund?

The Victorian Government recently introduced a new Homebuyer Fund, being a $500 million shared equity scheme to address the housing affordability issue and assist Victorian’s to buy a home. Under the scheme, ‘eligible homebuyers’ will…

How much more taxing can our precious property industry withstand?

“I have never been one to increase a tax simply for the thrill of it”. These are the words of Tim Pallas. Yet, I recently felt intrigued to spend some time analysing the new property…

Should you be using a developer entity?

We are often asked by our developer clients about the benefits of interposing a developer entity between a land owning entity and purchasers in a development. There are many benefits of using a developer entity…

Tenants and landlords, are you ready for the 30 September deadline?

The recent introduction of the Commercial Tenancy Relief Scheme Regulations 2021 which includes a period of rent relief protection for tenants from 28 July 2021 until 15 January 2022 (Protection Period) also includes mandatory timelines…

Construction site compliance blitz

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…

Thinking of nominating … be careful not to trigger additional stamp duty

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…