Real Estate Commission – A Corrupting Influence

An EzineArticle by Peter Mericka. Real estate commission is the way in which real estate agents are paid for the services they provide. They receive a percentage of the price received for the property. Effectively, the real estate agent requires the seller of a property (the vendor) to sign over to the real estate agent a part of the property being sold. Another way of looking at it is to say that the real estate...

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Extraneous Tasks

It is important to differentiate between conveyancing tasks and extraneous tasks, as there can be serious implications for both the lawyer and the client in terms of costs and liability if the distinction is not maintained.

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Legal Action

The first advice to be offered to anyone considering taking legal action against someone else is 'DON'T DO IT!'. Going to court should always be a last resort.

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Bucknells’ Guide To Commercial Property Investment

News postings by Tim O'Dwyer - Nigel Bucknell was originally a scientist. His wife Janet was a mathematician. Both are now successful commercial property investors, and clients of mine. Their first investment was a small shopping centre. They currently have industrial, shopping centre, motel, caravan park and sporting centre investments.

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Wrong Advice From NSW Office Of Fair Trading

Applications for an ex gratia payment will be quite common in the future, unless the NSW Office Of Fair Trading start looking closely at the relevant provisions of the NSW Property Stock & Business Agents Act 2002. An ex gratia payment is made in the exercise of the prerogative power of Government. A payment may be made if a person has suffered a financial loss or other detriment directly as a result of the workings of Government. This...

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