![]() |
|
![]() |
|
Site Menu:
Is there an alternative to "going to court"?Any litigation, any court matter, will cost you in terms of stress, emotion, and money. Disputes happen; sometimes they're resolved quickly, sometimes not.When it appears there’s no alternative, expensive court action frequently follows. In many cases mediation is a real alternative to resolving such disputes. It is a conference where the parties cooperate to try and resolve their dispute; all participants need to negotiate in good faith & work towards compromises - all with the intention reaching an agreed settlement that resolves their problem.
An attraction of
mediation is that it is usually quicker, and is cheaper than formal court
proceedings. An important feature is that a mediator cannot make any decision –
the mediator’s role is to help the parties themselves resolve their dispute
|
Telephone: 02 9601 7900Address: Suite 1, 16 Norfolk Street, Liverpool NSW 2170DISPUTES INVOLVING REAL ESTATE PROPERTY
CO-OWNERS. (These short notes do not generally apply to matters involving Family Law). Most co-owners of real estate property get along just fine. What happens if you own real estate property with one or more others but there's a disagreement. For example, a property may be co-owned between friends, siblings, parent and child, and one of the co-owners wants to get out or sell their share and the other refuses. In most cases, if agreement can’t be reached, in New South Wales relief can be reached by means of the Conveyancing Act in proceedings brought by a co-owner of property applying for orders that the court appoint trustees for the sale of the property. Given that there are usually, though not always, few defences available to such a claim, and the high costs of not only the court proceedings but those of the trustees, in reality these type of claims usually settle very quickly. If you’re a co-owner of a property and:
to see if we can help you, why not call us for more information.
LEGAL ‘TRESPASS’? A neighbour in certain circumstances has the right to access adjacent land. In New South Wales, most notably these rights are available as follows:
See the further information about acquisition of land by NSW government authorities.
If you’re an intending applicant, or a landowner who is trying to prevent unlawful, unreasonable or excessive access to your land and need advice, call us for more information or to see if we can help you.
JOINT TENANTS - SEVERING IT. (These short notes do not generally apply to matters involving Family Law). Most married and de-facto couples that purchase real estate property together, do so as joint tenants. That is not to say that others can’t do so too.
Where there’s a joint tenancy, ownership of the property brings with it a right of survivorship - that is, on the death of one of the owners, the share of the deceased goes to the surviving owner(s). This right of survivorship takes precedence over what your Will might say. Take this example of a father and son who originally purchased a property together as joint tenants. Father's share in the property is his only significant asset and because of this, father makes a Will giving all his property, on his death, to his wife. Problem is, as he held his share as a joint tenant, on his death his share automatically transfers to the son, the other joint tenant, notwithstanding that is against his wishes as stated in his Will. There are other examples of unintended consequences of holding a property as a joint tenant. Often this can happen because your circumstances have changed. When a joint tenancy is ended, the property is still held by the same owners, but they hold it as tenants-in-common in equal shares. In this case, if one party dies his or her share is disposed of according to his or her Will and does not automatically transfer to the other co-owner. A joint tenancy can be severed without the consent of the other joint owner. If you need advice about your joint tenancy, call us for more information or to see if we can help you.
|
|
Alvaro Edwards Solicitors © 2011 |
Home |
Services |
News |
BLOG Also see our disclaimer and our privacy policy. This site best viewed on Mozilla Firefox-Graphic Design: MyArtsDesire |