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In residential property sales, a cooling-off clause allows a buyer to withdraw from the transaction within a short period of time. It’s a sort of safety net for buyers, but any cooling-off clause has it’s limits and exercising the option to pull out of the agreement will cost the buyer some money. It is best to think of engaging cooling-off clauses as a last resort only.
A danger period for many established wholly or substantially owner-operated businesses is the time when a principal of a business departs, whether because of retirement, new horizons, disagreements, illness or death. The value and even viability of a business can be reduced or eliminated if the business fails to make a successful transition to a new ownership structure.
Being involved in a car accident can be a sudden, stressful and frightening…
The last step in the commercial conveyancing process is the settlement. This is…
This article covers the details of land tax NSW and the 2% NSW…
The Personal Property Securities Act 2009 (‘PPSA’) has been law for almost 6…