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Building Management Statement – A Developer’s Perspective

Building Management Statement – A Developer’s Perspective

As a property developer, when should I use a Building Management Statement and how is it to my advantage? This is the second in a series on Building Management Statements (BMS).  For general commentary on BMS please refer to our earlier report at the following link:...

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What is a Building Management Statement?

What is a Building Management Statement?

If your strata title building includes a large commercial component for office or retail, chances are your Body Corporate is a party to a Building Management Statement (BMS). A BMS is a document used to regulate the relationship between two or more large users of a...

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Who Should Review a Contract?

Who Should Review a Contract?

In our business and personal lives, we are exchanging contracts all the time. For employment, for homes, for sales, and even for issues like power of attorney. It’s vital that you have a lawyer who understands and specialises in contract law and commercial agreements....

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Trust and Constitutions – Making a Change

Trust and Constitutions – Making a Change

Sometimes trust deeds or company constitutions need to be changed. To ensure this is done correctly, you will need the help of an experienced lawyer. Changing a trust Changing a trust can be complex, and if it’s not done right, you could end up with tax problems. To...

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How to List Your Company on the ASX

How to List Your Company on the ASX

Taking your company public is a big leap. It comes with several risks and rewards, and you need expert advice to make sure it comes together. Firstly, you will need to appoint a team of advisors, which would usually include a lead manager, a lawyer, and an accountant....

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Why You Definitely Need a Lawyer in Property Conveyancing

Why You Definitely Need a Lawyer in Property Conveyancing

The property conveyancer will also act as your representative in court if necessary. This is usually only required, if there is a dispute over the ownership of the property or, if one of the parties fails to adhere to the terms of the sale. In these cases, the...

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What Are Sunset Dates?

What Are Sunset Dates?

Article by Peter Lee, Property Law Accredited Specialist   There has been plenty of public debate lately about sunset dates and the termination of contracts. Mainly these focus on the plight of buyers who signed a contract years ago at what was then market prices,...

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Welcome Mark Jenvey

Welcome Mark Jenvey

Property Lawyer Joins GLG Legal GLG Legal is excited to announce that Mark Jenvey, a property lawyer with over 20 years of experience has joined the firm as Special Counsel in Brisbane. Mark brings a wealth of expertise and capability in commercial, industrial and...

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Things to Consider When Selling Your Small Business

Things to Consider When Selling Your Small Business

Are you planning on selling your small business soon? It may be hard to sell it quickly if you have no experience in this field. There are many things to consider when doing so, as you’ll want to get fair compensation for what you’ll be trading away. This article will...

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E-conveyancing: risks and rewards

E-conveyancing: risks and rewards

E-conveyancing refers to property transactions that are settled electronically, and as of February 20 this year, they’re compulsory in Queensland. Mandatory e-conveyancing aims to ensure property transactions are completed quickly and consistently, and it also brings...

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Don’t sign that contract just yet

Don’t sign that contract just yet

Buying a house is one of the biggest financial and emotional commitments you’re likely to make, so it’s important to ensure every detail is just right. Getting the sale contract reviewed by a qualified solicitor could potentially save you a lot of heartache, money and...

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What is a patent, and can I get one?

What is a patent, and can I get one?

What is a patent, and can I get one? We’ve all heard the expression “that’s a great idea, you should patent it”. But what does getting a patent entail? And are there things that cannot be patented? A patent is legal protection for any device, substance, method, or...

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Trademark registration – how to protect your brand

Trademark registration – how to protect your brand

The best way to protect your brand is with a trademark registration. A trademark registration can cover your business name, logo, or even a slogan. With a registered trademark, you will have exclusive rights to those names and images, and the right to use them for the...

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Why you need a cease-and-desist letter

Why you need a cease-and-desist letter

If you think someone has stolen your work, is using a trademark or design too similar to yours, or is using your patent without consent, you need a cease-and-desist letter. An intellectual property (IP) cease-and-desist letter is the first step in dealing with IP...

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Why you need a shareholder agreement

Why you need a shareholder agreement

A shareholder’s agreement is a contract between the shareholders of a company, which governs the relationship between each shareholder, and specifies who controls the company. While it’s not a legal requirement, if your company has more than one shareholder, it’s...

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Think carefully before clicking “publish”

Think carefully before clicking “publish”

When is a publisher not a publisher? According to the High Court, when it’s Google. In a landmark defamation case, the court has confirmed that publishing hyperlinks to defamatory material written by others does not count as publication – or republication. However,...

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What is the principal place of residence exemption?

What is the principal place of residence exemption?

When a property is sold, it is a Capital Gains Tax (CGT) asset, meaning you may be liable to pay tax on all, or part of the profits from the sale. However, there’s an exemption for a property that is your principal place of residence – the home where you live most of...

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What is the franchise code of conduct?

What is the franchise code of conduct?

Franchising is a popular business model that allows you to operate a business under the brand of another business. Famous examples of a franchise in Australia include Pool Werx, Muffin Break, and Jim’s Mowing. A franchisee is a sole trader, partnership or company...

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Planning Your Exit – What to Know When Selling Your Business

Planning Your Exit – What to Know When Selling Your Business

Selling your hard-earned business is a potential exit strategy once you’re ready to close your books to start a new chapter in your life. There are many reasons a business owner would want to let go of their company. To ensure a smooth-sailing transition of power and...

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Licence v franchise – what’s the difference?

Licence v franchise – what’s the difference?

Two of the most common types of businesses in Australia are licensed businesses and a franchised business. But what’s the difference? Both models are business agreements in which certain aspects of the brand are shared in exchange for a fee.  However, a franchising...

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