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Why property owners should know the difference between a lease and a licencePosted on 29 May 2015

You may have businesses that operate and occupy part of your property. If this is the case it is important that the legal nature of the occupancy is made clear and is documented in writing. Both...

Varying and Revoking your Tasmanian WillPosted on 12 May 2015

It is important to know in what circumstances your Tasmanian Will is revoked or varied and how you can vary or revoke it should you wish to do so.   Varying your Will  Before your...

When should you make a new Will?Posted on 1 May 2015

If you have made a Will, there are certain life events that have an impact on your Will. In such circumstances you should review your Will and in some cases it is important to make a new Will. The...

Conveyancing in Tasmania - Pre-Settlement Inspections ExplainedPosted on 22 April 2015

A purchaser is entitled to carry out a pre-settlement or final inspection of the property before the purchase price is paid and you take occupation of the property. This gives you one last...

Conveyancing in Tasmania - Searches ExplainedPosted on 18 April 2015

When a contract becomes unconditional (meaning that clauses such as finance and building inspection have been confirmed) a range of searches need to be carried out to give you information relating to...

Buying a property with others - Joint tenancies & tenancy in common explainedPosted on 10 April 2015

When buying property with another person it is important to understand the difference between joint tenancy and tenancy in common to avoid unforseen issues and costs.  The legal manner in...

Personal Guarantees ExplainedPosted on 29 March 2015

Entering into an agreement which contains a personal guarantee is a very serious matter. A personal guarantee may give rise to significant liabilities to other people or companies. It is highly...

DIY Conveyancing – Is it worth it?Posted on 22 March 2015

It might be tempting to carry out your own conveyancing to save costs, however taking this short cut can easily come back to haunt you. Cost cutting when making a significant investment is not a...

Commercial Leases ExplainedPosted on 21 March 2015

When renting a property for business purposes it is important for both Landlords (property owner) and Tenants (occupant of the property) to understand the rights and obligations that they each have in...

Conveyancing Tasmania - AuctionsPosted on 13 March 2015

A property owner may decide to Auction their property for a number of reasons.  It may be because the market is booming and they feel that they will get the best price for their property at...

Tasmanian Wills - Testamentary Trusts ExplainedPosted on 13 March 2015

Including a trust in your Will is increasingly common and is often recommended by financial advisors. The benefits can including legitimate tax minimisation for beneficiaries, asset protection,...

Thinking of buying a business?Posted on 13 February 2015

If you are thinking of buying a business there are many legal, financial and general business issues that you need to consider. Once you have chosen a business that is the right fit for you, you...

What we do at Cormiston LegalPosted on 30 January 2015

Cormiston Legal is an experienced Law Firm based in Launceston, Tasmania specialising in Commercial Law and Conveyancing. We are here to help you. Plain english is used in all our communications...

New Franchising Code of ConductPosted on 4 January 2015

On 1 January 2015 a new Franchising Code of Conduct came into force. The new Code is available on the ComLaw website http://www.comlaw.gov.au/Details/F2014L01472 Our update headed 'Franchising -...

Wills and Online AccountsPosted on 8 December 2014

Traditionally all our assets were in a physical form, be it real estate, cash or personal belongings. However, as the internet encroaches further and further into our everyday lives your Tasmanian...

Reverse Mortgages ExplainedPosted on 16 November 2014

A reverse mortgage is a mortgage just like a normal mortgage that allows you to borrow against the value of your house. The main difference is that usually you don’t have to make...

Tasmanian WillsPosted on 16 November 2014

In order to make a valid Tasmanian Will the requirements of the Wills Act 2008 (Tas) must be complied with. This Act governs the ‘making, alteration, rectification, construction and...

Vendor Finance - Frequently Asked QuestionsPosted on 9 November 2014

What is Vendor Finance? Vendor Finance is finance offered by a seller (a Vendor) to finance the sale of goods, services or real estate to a buyer (a Purchaser). What are the advantages of Vendor...

Franchising - Changes to the Code of ConductPosted on 25 October 2014

Changes to the Franchising Code of Conduct come into effect on 1 January 2015. Franchising agreements that are renewed or come into existence on or after 1 January 2015 will be subject to the changes...

How can a Law Firm help you?Posted on 11 October 2014

Law firms are here to help you. Your lawyer should provide you with advice in plain english and help you determine the best course of action based on your circumstances. You should...

Step by Step Guide to Conveyancing in TasmaniaPosted on 5 October 2014

Obtaining financial approval If you have found a house or a block of land that you would like to purchase, you will need to ensure that you have the money required to purchase the land. If you don't...

Leasing GuidePosted on 28 September 2014

Leases A lease is a legal interest in land which is inferior to ownership but which nevertheless entitles the person who holds the lease (commonly referred to as either the lessee or tenant) to...

Homemade WillsPosted on 20 September 2014

There are a number of ways you can make a Will in Tasmania, including downloading a do it yourself kit on the internet or buying a kit from a newsagency. However,...

Contracts - Should they be in writing?Posted on 13 September 2014

We are constantly entering into contractual arrangements as part of daily life, as such it is not possible to document everything in writing. However, there is legislation in most states that...

Caveats ExplainedPosted on 7 September 2014

A caveat is a notice on a title to land that a person claims a particular unregistered interest in the land. The effect of registering a caveat over land is that it places a ‘freeze’ on...

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