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Top Black Hill Real Estate & Conveyancing Questions

Common legal questions answered by Real Estate & Conveyancing lawyers.

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Q
How does Australian law classify cryptocurrencies?

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Australian law classifies cryptocurrencies as digital assets, not currency or money.;This classification impacts how regulations and laws apply to cryptocurrency transactions.

Q
How does arbitration differ from mediation?

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Arbitration involves a binding decision by an arbitrator, while mediation seeks a mutually agreed resolution facilitated by a mediator.;Mediation is usually less formal and focuses on negotiation and settlement.

Q
What are the regulations around payday loans in Australia?

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Payday loans in Australia are regulated by the National Consumer Credit Protection Act 2009, which caps fees and interest rates that lenders can charge.;Lenders are also required to assess the borrower's ability to re...

Q
What constitutes negligence in construction?

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Negligence in construction occurs when a builder fails to meet the standard of care required, leading to damage or injury.;This can include failing to adhere to building codes or industry standards.

Q
What are common reasons for denying a compensation claim?

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Claims can be denied due to lack of evidence, missing deadlines, or disputes over liability.;Other reasons include insufficient documentation or failure to follow proper procedures.

Q
How are franchise disputes resolved?

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Franchise disputes are typically resolved through mediation, arbitration, or legal proceedings as outlined in the franchise agreement.;The Franchising Code of Conduct requires parties to attempt mediation before proce...

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