September 28

New Powers of Attorney in Victoria

What do the changes mean for you? The new Powers of Attorney Act 2014 (Vic) commenced on 1 September 2015. Find out below what changes there will be and what this may mean for you, your family or someone you care about.   What is a Power of Attorney? A Power of Attorney is a.

September 28

Self Managed Super Funds – Buying Property

Since 2007, self-managed super funds (SMSF) have been permitted to borrow money to invest in all types of real property including residential property, commercial property and industrial property. Prior to 2007, SMSFs could purchase property but were not permitted to borrow money to buy a property that the fund could otherwise not afford. There are.

September 28

Verification of Identity in property transactions

Verification of Identity (VOI) is a process used to confirm the identity of a person. The VOI process is essential in land and property dealings as it helps to reduce identity theft and land title fraud. Verification of Identity practices include confirming a person’s capacity to act as agent for a company or as an.