Chris Walsh, from Walsh Conveyancing in Somerville comes in to talk to us about buying in a partnership.
Buying in a partnership comes in all forms - siblings, Family Trust, business partners, divorced couples, parents and child, it's not just your loving other. And when an outside comes in, like a new spouse, or even if one of the partners die, complications can come in which can add new dimensions to the original contract. Today we talk about what we need to look for when buying in a partnership.
Chris Walsh is a well respected member of the Conveyancing fraternity. Her career spans more than 28 years in the legal profession, including 18 years in her own business. She's the Director of Walsh Conveyancing, Somerville, and prides herself on providing all her clients with a supportive, informed 'warm and fuzzy' conveyancing service, when people buy, sell and transfer real estate in the State of Victoria.
1. What's the legal terms of the type of owners you can be when buying a property in a partnership?
2. What are the pros and cons of : a) tenants in common, b) joint tenants
3. Does it matter is you're married, business partners, de facto, siblings, parent/child? Are the rules still the same?
4. What are the legal differences between buying as a person versus buying in a company or trust?
5. If the partnership falls apart, or you choose to sell the property, how do funds get divided in each situation?
Tune in tomorrow for Chris' more in-depth account of buying in a partnership and to listen out for Chris' offer to Real Estate Right listeners.
www.walshconveyancing.com.au
Replay - Ep35: Intelligent Credit
Replay - Ep31: Your Investment Checklist
Replay - Ep10: The AirBNB Revolution
Episode 50: The Year That Was 2020!
Episode 49: Ross MacKinnon - Building a Sustainable Home
Episode 48: Sophie Lyon - How To Appeal to A Landlord When You Really Want that Lease?
Episode 47: Kiani Mills - Buying Property Interstate - Knowing the Different Conveyancing Needs
Episode 46: David Johnston - The Pros and Cons of Buying Off the Plan for First Home Buyers
Episode 45: Howe Tran - Choosing the Right Removalist for the Job
Episode 44: Chris Walsh - What's a Section 27 and How To Make the Most of It
Episode 43: David Johnston - Understanding The First Home Buyer Process
Episode 42 - Nicole Jacobs and Barry Sloan - The Best Tactics for Bidding at Auction
Episode 41: Will Walton - Creating a New Lifestyle in Regional Victoria
Episode 40: Adam Docking - Auction vs Private Sale vs Expressions of Interest
Episode 39: Dean Shipley - Buying in Regional Victoria
Episode 38: Francis Morello - Auction Day: What To Expect
Episode 37: Tania Bell - Knowing Your Benchtops
Episode 36: Geoff Gartly - Helpful Tips on Negative Gearing
Episode 35: James Green & Duncan Tonkin - The Changing Mortgage Industry
Episode 34: Agent X - Choosing The Right Agent Part 2
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
Navigating Life After 40
Teaching Learning Leading K-12
Regenerative Skills
The Jordan B. Peterson Podcast
The Mel Robbins Podcast