The Court of Appeal handed down an interesting decision in this case involving the sale of land. The facts were that Mr Gibbons was selling real property and Mr Doherty signed the contract for sale in trust and on behalf of a limited company. Mr Gibbons then nominated the beneficiary of the trust and the … Read more
The Land and Conveyancing Law Reform Act 2009 may come to your rescue if there is a problem with the title to a property. Recitals Section 59(1) provides 59.— (1) Recitals, statements and descriptions of facts, matters and parties contained in instruments, statutory provisions or statutory declarations 15 years old at the date of the … Read more
Many people do not like to negotiate or haggle. But it is essential in our daily lives and we are regularly forced to negotiate whether we like it or not. It may be with a loved one, with a child, with a service worker at an airline desk, with a receptionist in a hotel, with … Read more
Vat on property is something that is easy to overlook if you are buying commercial property. It may also apply to residential property, depending on the circumstances, so you need to be careful and obtain expert tax advice if there is any doubt in your mind. The current situation with regard to VAT and property … Read more
In order for any contract to be enforceable you need 5 things: The parties must have the legal capacity to enter into a contract They must intend creating legal relations The contractual terms must be certain There must be offer and acceptance There must be consideration. For the sale of land or real property it … Read more