Mortgages, eh. They’re one of life’s bittersweet realities – there’s the immediate relief in securing one … quickly followed by the more sobering reality of servicing the blessed loan.
Making the leap from investing in residential housing to commercial property can be very lucrative – and exciting – but if you’re planning to move into this space, be sure you don’t get caught out by the differences in completing your due diligence.
On the face of it, buying bare land might seem a far simpler task than purchasing a home. In reality, though, there are often just as many considerations and potential traps for the unwary. Buying a property tends to be an emotional experience for most of us, and even some of the fundamentals can get overlooked in the heat of the moment.
As a lawyer, I’m commonly asked what the legal age is for a variety of different activities – so, I thought it would be interesting and helpful to summarise just what’s allowed at various stages of childhood and adolescence.
You’ve probably heard the expression “buyer beware” when it comes to trading property, but what’s not so well understood is that a seller can still carry significant liability.