Specialist and effective property law advice

September 9, 2021 BY

The team invests time talking to clients to better understand individual circumstances.

Coulter Roache’s Property and Development team provides specialist legal advice tailored to individual circumstances.

They regularly assist and advise property developers, purchasers, vendors, owners corporations, land owners, tenants, farmers, trustees and lenders, across residential, industrial, commercial, retail and farming contexts.

The team invest time talking to clients to better understand individual circumstances and what they are trying to achieve, and can assist with a broad range of complex transactions throughout Victoria, from adverse possession claims through to acquisition of real property by self-managed superannuation funds.

The Property and Development team also works with accountants and financial planners to ensure that the outcomes meet broader commercial and business objectives.

Coulter Roache know it’s important to give the right advice the first time. Each conveyancing transaction is unique depending on client’s circumstances and the property.

The team can highlight any further advice which may be needed around tax obligations, stamp duty implication, trusts and self-managed super funds.

If things get complicated, Coulter Roache can provide the legal advice required.

The team will accurately assess the complexity of your matter and prepare disclosure documents to support your transaction and prepare legally enforceable special conditions.

They recommend clients update Will after any significant change to assets such as real estate and the team of Wills and Estate planning experts are available to assist with this when clients are ready.

Many buyers, particularly first home buyers, are so focused on the price of a property that they overlook other costs involved in purchasing a property.

It is important to factor in these additional costs as this may impact if you can afford to purchase the property in the first place.

It is highly recommended that every purchaser arranges for a qualified inspector to conduct building and pest inspections

The cost of arranging an inspection will vary depending on the company or business engaged to undertake the inspection.

The fee associated with obtaining these reports should be considered as a good investment as it would help to avoid purchasing a property with structural faults or pest infestations which may cost a lot more to rectify had you not obtained the reports prior to purchasing.

When purchasing a property, buyers will most likely have to pay, among other fees, stamp duty. The amount of duty paid will depend on the value of the property and whether are eligible for any exemptions or concessions or if you are a foreign purchaser.

Coulter Roache also encourage buyers to consider other fees and costs, such as mortgage registration fees, loan application fees, ongoing loan fees, lenders mortgage insurance, property valuation fees, legal fees and building and contents insurance.

Coulter Roache are able to assist with a wide range of matters relating to property and development, contact them today to see how they can assist you.

 

 

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