Articles

Claire Martin

Posted Jan 10, 2019 Property Law Update: January 2019
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As many return to work following the festive season, we would like to take this opportunity to provide an update on what you might have missed in the chaos leading up to Christmas. Land Tax Revenue NSW has advised that the s47 Certificates & Land Tax Thresholds for the year 2019 are: General Threshold: $692,000 […]

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Posted Oct 23, 2018 “Off the plan” and “digital savvy” property Bill introduced
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“This reform recognises that the property industry is moving towards a 100 per cent digital future.” The Hon. David Clarke, Second Reading Speech A new bill was introduced into Parliament on 16 October 2018 to provide off the plan protections for consumers and to smooth the way for fully electronic and paperless conveyancing transactions. New […]

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Posted Jul 26, 2018 eSignatures
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The Electronic Transactions Act 1999 (Cth) says that electronic executions of contracts are valid so long as the signing party has authority and been identified properly.1 The principal international convention underpinning the Electronic Conveyancing National Law (ECNL) is the Model Law on Electronic Commerce (MLEC). The MLEC has, in part, been enacted in every jurisdiction […]

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Posted Apr 24, 2018 New Laws: GST On New Properties
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The Australian Tax Office (ATO) has taken steps to put the onus on Purchasers to collect the GST on all new residential properties to improve the integrity of collection of GST from developers. On 29 March 2018, amendments to the legislation were passed to come into effect on 1 July 2018. Contracts entered into before […]

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Posted Mar 26, 2018 eConveyancing Update
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As you are no doubt aware, KREISSON made history in June 2016 by conducting the first end to end digital, entirely paperless conveyance of Australian property. Since then the industry has been moving towards digital revolution and has been assisted by various State Government mandates. The NSW State Government has been encouraging and championing eConveyancing […]

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