Have his mum keep proof of a) the debt, b) the interest rate c) interest charged d) repayments made – a loan document wouldn't go astray either (proof of debt)

Anywhere from $5-$50k depending upon how big, extent of structural works, access to alter existing plumbing, quality & extent of wall and floor finishes.

Read your managing agent agreement. It will state when moneys will be transferred to your account. If there is no money on the transfer date, it will transfer $0 to your account. They have done the job that you have requested them to do.However, push the issue with the agent ie the mortgage is overdue, tenant will be evicted because you can't pay…[Read more]

oops, didn't realise the nick was tools thought you mean they were a tool……

Brooklea, I have seen tiling over a number of substrates including concrete & fibre cement so it is not a stupid question.

Get your solicitor/accountant to confirm it but I would assume that there is no cgt on your inherited portion if you sell it within 12 months. There is cgt payable on the remainder which you bought (your sister is cgt exempt within the first 12 months). You may be better off waiting the 12 months and paying cgt on 50% at your MRT – do the calcs.

A pergola requires town planning approval, generally. If it is not shown/approved on the council plans that will stop it selling as well. Think about it. Don't do it.As an alternative – install a shade structure

Retail tenancies are regulated by individual state retail tenancy legislation (this is not a commercial lease) – get your solicitor to pull out the most appropriate version (there are many). Are you getting an agent to do the initial letting? They will ensure that the offer & acceptance is compliant with the above RTA laws.Is the house separately…[Read more]

If you take the tiles off, (assuming that they are laid on a bed of mortar) you will then have a 25 mm gap under your doors. It will be much easier to trim a door to go over the carpet than to replace each door. If all else fails, trim the area around the door/window with alum edging.

Cheers ZJ, all the departments that I have dealt with over the years have had a greater level of integrity albeit a CYA attitude – haven't been as incompetent as those you have pointed out. BTW what state is it ?  I will know to avoid it.

CIS – a standard residential lease pack will set you back about $25 from a newsagency – these are legally compliant in all respects. Who would you otherwise have prepare a 'legal document'? Even a lawyer or agent will use the lease pack.

wdemirdonder – don't knock back a career as a tradie – they are in short supply. Sure the money for the first couple of years is a little lean but it does improve dramatically once you are qualified. Don't buy a car if you can avoid it – as a tradie/apprentice you may end up with one as a lurk of the job.When I started investing banks required a…[Read more]

No harm in leaving the tiles under the carpet – much quicker and cleaner. The carpet layer will end up breaking a few around the perimeter when they come to nailing on the smoothedge otherwise there shouldn't be too many change of level issuesRipping up tiles then making good the floor will take quite a while unless the tiles are already drummy.

Well done so far, keep saving, get a part-time job to maximise your deposit. Banks need to see that you can repay a loan ie have stable income before they will lend. At 17 and still at school, it will be difficult to get a loan.

If the builder has not handed over they are still the Principal Contractor and responsible for the site. If you take possession without their knowledge (via a formal handover), regardless of payment of the contract value, you are trespassing on their site (not your house) & could be charged with break & enter or trespass.Any damage or defects…[Read more]

ZJ, your friend mustn't have used a very efficient solicitor if they didn't discover outstanding water rates – I wouldb be putting the obligation back on the solicitor that he was negligent in not carrying out due diligence in the settlement of the property.I'm not sure of the state which you are referring however 'building work' over a set amount…[Read more]

1 square = 100 square feet. More commonly used nowadays as 100 m2. Measurement is based on external dimensions of walls. This is not a 'rocket science' measurement unlike PCA for retail properties

AL, there is no obligation on you to accept a 'burden'/'affectation' to your property. Be as nice as you like in knocking back their offer. It is far cheaper for them to build the line in your property than to cause damage on their own property. Why haven't they just put it through their own site?If fall is a propblem, their only option will be…[Read more]

Getting a bit slack in my old age: see belowhttp://www.yipmag.com.au/advices/1846/default.aspx

The problem with getting a loan in AUD for a US loan is currency fluctuations – as farmers saw in the 1980s, many loans were financed offshore without the disclosure of the effect a weakening of the dollar. It sent many people broke. Borrowing in the us for a us loan will reduce the currency risk as you are paying & recieving…[Read more]