Hi all
we did something similar with our daughter
What we did was we became her mortgagee
She was the owner and got the benefit of first home owner grants
We extended loans on other properties and lent her the money
We now have a mortgage as security and protection against unwanted claims...
Thanks RPI
the fact that the matter has been raised with the BSA - does there also need to be a claim made with the insurer?
It is not clear from the above if the investigation also raises the issue with the building insurer.
thanks
Hi there
is there building insurance taken out with the property? when it was constructed.
I note we had some issues with a property in Canberra which was still within the home building insurance warranty period.
When our personal insurer denied liability, we made a claim against the master...
http://www.justice.qld.gov.au/__data/assets/pdf_file/0004/27985/JAG7834-Retail-Leasing-Guidelines-Booklet_Cover_web.pdf
is a good place to start - not sure if you have a retail lease situation - but the above provides good information
As has been said - that is why you have insurance.
Did lose 2 properties in the Canberra bushfires - there was a delay in rent - am a consultant so not always working - and yes there are more important things like the fact that myself, my 2 children and my sister got out before the fires came...
My daughter had similar issues where she is with cars parking in the wrong spot
The body corporate manager gave her some warning notices to put on the offending car noting that the vehicle would be towed (but said to her at the time was difficult to enforce).
The offending vehicle did move...
We have had some situations where tenants are an issue. In each case the body corporate actually wrote to the agents who managed the property and highlighted the issues. The tenants leases were not renewed.
With respect to the behaviour of the tenant in the property. If there is abuse, you may...
What does your management agreement with the agent say?
Our managers conduct inspections each quarter and send pictures of that inspection - perhaps you need to either communicate your requirements or find an agent who will do as you ask.
http://www.qls.com.au/Home
is the website for Queensland solicitors - you may be able to use the online referral tool to obtain the details you require
Hi there Amber
it is interesting that you talk about seeing a property advisor - I think most people would appreciate having a mentor who could talk them through the ins and outs of property
when you talk about the big picture - I do think you need to consider your long term goals
Myself and my...
hi again
I don't really think you have thought through the implications of having a rental property with a pool
my parents had a 12 1/2 metre pool in their property in Canberra - by the end my mothers comments was it was costing them $1000 per swim - with ongoing problems with maintaining the...
why not contact the local Council and discuss their requirements?
We had an above ground spa that we owned prior to the fencing requirements, which required repair and which my husband did repair so we could use again
we had to have a fence, we had to comply with Council swimming pool...
HI there
you should also make sure that any "recovery costs" by the debt collectors is also included in the strata payments to be made - so there is no comeback on you
Not quite sure if they are saying there is no mortgages on the body corporate property - I doubt that they would search...
Hi there
are you happy with the quote for the repairs?
My daughter had an EGM which required approval of a special levy
The members of the body corporate insisted on further quotes being obtained - and a more realistic quote was obtained that didn't draw on all the sinking fund
Hi there
the QLD contracts contemplate the possibility of either compliance or an exemption with the swimming pool requirements
I believe you would need to see the contract to decide further in this matter