The ins and outs of a Contract – When does a Contract Exist and Amending a Contract
When is a Contract Official?
A contract becomes official and legally binding when the last party has signed the contract. It is common that the buyer signs the contract first with their offered amount. If the seller accepts the offer, they will then sign the contract. The contract will become legally binding on the day the last...
Foreign Buyer’s Fee Increase – What a Foreign Buyer should know before purchasing in Australia
On 29 July 2022, the Australian Taxation Office increased foreign investment fees, impacting every person and entity that are foreign to Australia. While these fees increase at the beginning of every financial year, the 29 July increase was unique, as the federal government increased the fees significantly. Because off the plan...