I would notify the builder by phone, in the first instance backed up in writing, keep diary notes of your contact & builder’s response. Whilst you have a new building, you need to approach the builder or you may void any warranties.

Good to hear it has turned out fine.

I’ll put on my builder’s hat here: 12 yrs old substantial deterioration of timbers, members pulling apart, termite damage, water leaks (feed termites). Go out a get a pet echidna.

the only thing that I’ll add to that V8, is that experienced agents can make good money on comms only but not as a fresh-faced kid. You’re definitely better off starting in an administration role, even if it means putting out signs, typing up rent rolls & OFI’s etc.

Terry, the deposit holder can be either the agent or vendor’s solicitor but must be nominated & is usually the agent.

I’d still be going through oft & getting the agent’s balls on toast. Nothing hurts the agent more than bad press & a fine.

You may even be able to claim on the agents compensation fund.

Seek legal advice regarding lodging a caveat over the property as well, that will screw up any prospective deal.

Firstly, which state? as the law does vary in each state.

In NSW, the agent MUST bank any monies received by the end of the next banking day. The agent must also issue you a trust account receipt for the money.

So, do you have a receipt as proof of paying the balance of the deposit? This will support your argument.

You will need to consult your…[Read more]

It sounds to me that you might get out of it cheaply. Is each unit freestanding? Have common walls? Multi-storey? Have common areas?

I only ask because Qld is a strange place with its strata laws so seeking professional advice will be warranted.

Selling off the plan, like selling any property means you don’t get paid until settlement, which may be several years away (you can’t touch the deposit monies until they are released by the solicitors).

You would be much better off working for a legit agency selling established property as you will only be waiting 2 months for payment.

What makes you think the email isn’t legit Sash?

Could it be that it is not from a ‘teamtelstra.com.au’ addy? Or that it has come from ‘telista’.

so say all the CA’s that I know as well.

What is the deal? Are they running a ‘tab’ for your training & going to take this from your comms?

Are you getting at least 50% comms?

Do they provide qualified leads? Doing cold calls?

What else will they be deducting from your comms? Eg all promo material, phone, business cards, notebook, etc?

Are you selling off the plan? If so, you will be…[Read more]

Well , the issues lie outside of your premises, plumbing is common property. So if it is broken and causing subsidence resulting in cracked flashings & rising damp then this does become an issue for body corporate. Fair trading is generally such a useless body that you will have no recourse against the last builder even on the grounds of failing…[Read more]

As a matter of fact I have just sent them my wife’s bank account, credit card details & password.

I hope she strikes it rich!

if you didn’t live in it as your ppor prior to renting it out you can’t get the full ppor exemption

hmmm, sorry to break the news but restumping won’t solve a rising damp issue.

Just because you didn’t get a building inspection doesn’t stop you getting one now to get a scope of work & to quantify your costs.

If the ip is a unit, why aren’t the rectification costs to be borne by body corporate from the sinking fund/special levies? You don’t own…[Read more]

Good to hear that you've got it away. Was it the extra pressure on the agent or some other strategy/agent?

Hi Angel, you would need to refer to the DA, the zoning & any management agreement to confirm if it is possible. If the zoning & DA are in conflict, then you would seek to amend the DA to allow permanent occupancy.

I recall a mate having constructed housing for miners there several years ago for a gold mine.

training.
Only a chartered accountant can perform an audit.
Many CFOs are chartered accountants.

To be a CPA or a chartered accountant, you must have a degree as well as CPA or ICA post-grad studies.