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Posted Aug 28, 2015 Can you bank on it?

The question of whether a Principal has the right to call on a contractor’s bank guarantee for failure to perform was recently considered in the Court of Appeal of Victoria. Initially, the Supreme Court rejected the entitlement of the Principal to call on bank guarantees based on a strict construction of the contract. This position…

Posted Jul 23, 2015 Impact of Technology on Conveyancing in NSW

Kreisson Legal is committed to enabling efficient and smooth transactions. Driven by advancements in technology, significant changes are taking place in the world of conveyancing. Background On 17 November 2014 the new Contract for Sale and Purchase of Land was released. Whilst the majority of the standard clauses remain unchanged, the most significant change was…

Posted Nov 06, 2013 General Tips on Unregistered Mortgages

Lending money can have its pitfalls. The key for the lender is to ensure that moneys advanced are properly secured. If a borrower wishes to secure moneys advanced by way of an unregistered mortgage, the borrower should consider at least the points below. What considerations should be given when moneys are proposed to be advanced…