I know what some of you are saying did someone drop that lawyer on her head, talk about paranoid!
Now before you all right me off as a crazy person, hear me out.
Do you own or are you buying a house or apartment as part of your self managed super fund?
Or like many Aussies do you rent a townhouse/unit as an investment for cash flow or passive income?
Perhaps you’re a retiree in a lifestyle community, mobile home park or an elder care facility.
Now if any of these situations sound like yours, then my dear you are up to your armpits in property law.
Now that’s not a bad thing. In fact it can be a wonderful, warm, fuzzy thing.
As long as you know what the relevant property laws are. And this my friends is where it can get a little bit overwhelming.
There are still quite a few laws about. Even if we limit ourselves to the property laws (which I might add is almost impossible to do), there’s still a bit to get your head around.
So please be sure that when you find yourself up to your armpits in a situation that involves property law, be sure to get great legal advice.