What is an ‘Interest’ in Property?

When discussing property law, the concept of an ‘interest’ is significant. An interest in property refers to a legal stake or other right that an individual or entity holds in a particular piece of real estate. This article explores the definition of property...

Granny Flat Interests – a Guide for Grannies and Homeowners

Traditionally, a “granny flat” is a small, secondary dwelling located on the same property lot as a primary residence. These homes were often used to allow an older person to live close to their family while maintaining some independence. Of course, a granny flat is...

The Risks of Going Guarantor

Has a family member asked you to provide a guarantee for their home loan or personal loan? If so, you need to be clear about your obligations under a contract of guarantee. What is a guarantee? If a lender is concerned about a borrower’s capacity to repay a loan or...

Transferring Property Between Family Members – Key Considerations

Transferring property between family members is a common practice, often driven by a desire to facilitate inheritance, support loved ones, or streamline estate planning. While the intention behind such transfers is usually rooted in familial bonds, navigating the...

Subdividing your land – process and considerations

Subdivision involves the partition of a parcel of land into smaller portions. Once land is subdivided, a ‘title’ is created for each new portion which can be separately sold and transferred. A subdivision may range from the partition of a single lot into two, to a...