When you look at the dynamics around sourcing a property for extended family including those that may be elderly or disabled, granny flats often come into play! Their demand is escalating given rising living costs and the accelerating lack of affordable housing for the vulnerable.When you list a property with a granny flat or a home that has the potential to have this added on, please carefully consider the legal framework that surrounds the scenario
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Whilst it is an easy conversation to ask loved ones including parents for money to buy a home or do renovations, little thought goes into the harder scenario on contemplating how you go about ensuring that those funds are repaid. If you loan monies to your children, will you get your money back? This creates difficulty, especially for the older generation who may be relying on those funds to retire comfortably. It is becoming common
Read moreJust like with some forms of insurance, most people don’t think they need a lawyer — that is, not until they do. However, if you look closely, there are actually many instances in life where you may find yourself seeking legal advice. Here are five reasons where having a lawyer to advise you can spell the difference between solving a problem and losing out in the end. To ensure the outcome you want is legally
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