Scott Ayerst Solicitor in Newcastle, New South Wales | Property lawyer

Scott Ayerst Solicitor

Locality: Newcastle, New South Wales

Phone: +61 423 555 609

Address: Level 4, 16A Bolton Street 2300 Newcastle, NSW, Australia

Website: http://www.sasolicitor.com.au

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07.01.2022 Searches and investigations. There are a range of searches and investigations that you can carry out when buying property. These range from pest and building reports to boundary surveys to council building certificates. When purchasing a strata property you can also investigate the records of the strata corporation to identify any issues that might affect your enjoyment of the property. We can discuss and order the searches you require when buying. Give us a call !

06.01.2022 Buying or selling a business. GST treatment whether you are buying or selling a business or commercial property is an important concern for both parties in this type of transaction. Often where a sale of a business falls within the "going concern" exemption from GST, the contract for sale will include a GST clawback special condition. This means that the purchaser provides an ongoing indemnity to the vendor for any subsequent GST liability arising from the transaction and n...eeds to be aware of this possible liability. So, if you are considering buying a commercial property or business, you should discuss the GST status of the transaction with your solicitor and accountant. *This is general advice only. You should consult your professional advisers about your particular circumstances.