The Owners Corporations and Other Acts Amendment Act 2021 (Vic) (“OC Amendment Act”) has now passed Victorian Parliament, and will take effect from 1 December 2021, with a number of changes to the current Owners Corporation Act 2006 (Vic) (“current OC Act”). Setting...
It is very hard for many people to understand the concepts behind a trust. The concept has a long history and development, and some of those legal concepts can be confusing. It can be especially difficult when the trustee of the trust is a company. What is a trust?...
What is the best thing you can do to ensure your customers pay you? Clearly, the best thing that you can do is to deal with long term, reliable customers who pay you on time. However, that is not always possible. Every business needs to generate new customers and even...
Buying a commercial property is a bit more complicated than buying a house. There are extra things to consider as a consequence of the complexity of the purchase process and ongoing ownership of the property. Commercial considerations Whether you are buying a...
A common item of contention between landlords, tenants and third parties at the expiry or early termination of a lease is the ownership of tenant or third party fittings or goods that have been abandoned on the premises. The Australian Consumer Law and Fair Trading...
Intellectual property (IP) is the property of your mind or proprietary knowledge and can be an invention, a trade mark, a design or the practical application of your idea. It is important that you understand how to protect IP as it is a valuable business asset and it...
