Legal Resources
Read Phillips & Wilkins’s updates and latest information
Land Tax Victoria Update: New Tax on Vacant Residential Properties
Recent changes to Land Tax law may cause you to pay a penalty of at least 1% of land value $10,000 on a million dollar block. Make sure that any house owned by you for investment purposes is not vacant for longer than 6 months. If your investment property is in an...
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Embrace e-conveyancing now, it’ll be mandatory January 2019
The law surrounding property transactions continues to evolve. One recent change is mandatory electronic transactions as of 1 January 2019. Whilst the legal industry is generally resistant to change, Phillips & Wilkins is always exploring the endless possibilities...
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Why you ought to insure your new house, even prior to settlement
Every now and again in this busy and profitable property market we have experienced, a vendor or purchaser or both may be tempted to save money by not renewing insurance in the case of a vendor, or not taking out insurance in the case of a purchaser. The problem is...
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Find out where you should and should not be keeping your will
In recent years, we have noticed an increase in the number of Wills that are hard to locate when the willmaker dies. This might be because :- the willmaker has made his own Will and left it at home in an apparently safe place he has made a Will with a Solicitor and...
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