Latest Conveyancing & Property Law Information

New Land Tax Rates Apply in Victoria from 1 January 2024 The 2023 Victorian State Budget introduces substantial changes to land tax as part of the government’s “COVID debt levy,” in effect until 30 June 2033. Aimed at recovering $31.5 billion in state debt, these amendments are expected to impact a large number of Victorians

What Is A Section 32 Vendor Statement? Referred to as a Vendor’s Statement, a Section 32 document is a compulsory disclosure of information that may impact the land’s value in a property transaction. It’s name is derived from the corresponding section in the Sale of Land Act 1962 (VIC). According to Sale of Land Act