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Top Blackheath Real Estate & Conveyancing Questions

Common legal questions answered by Real Estate & Conveyancing lawyers.

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Q
How are capital gains taxed in Australia?

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Capital gains tax in Australia is calculated based on the profit from the sale of an asset, with discounts available for assets held longer than 12 months.;Individuals must report capital gains in their tax returns, a...

Q
How can a contract be terminated legally?

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A contract can be terminated legally by mutual agreement, performance, breach, or frustration.;Termination clauses in the contract itself can also dictate the conditions under which a contract can be ended.

Q
How does the points-based immigration system work in Australia?

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The points-based system assigns points for factors like age, English language proficiency, work experience, and education qualifications, with a minimum points threshold required to receive an invitation to apply.;App...

Q
What is the difference between a sole trader and a company?

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A sole trader is an individual running a business, while a company is a separate legal entity owned by shareholders.;Sole traders have unlimited liability, whereas companies provide limited liability protection to the...

Q
How do I start a franchise in Australia?

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Starting a franchise involves researching potential franchises, obtaining legal and financial advice, and signing a franchise agreement.;You must also ensure compliance with Australian franchising laws and regulations...

Q
What are the regulations for homeschooling in Australia?

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Parents must register with their state or territory education authority and follow specific guidelines.;They are also required to provide a curriculum that meets educational standards and submit regular progress reports.

Q
What are the legal options for extending a visa in Australia?

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Visa extensions in Australia depend on the visa type; some visas allow for onshore applications for extension, while others may require applying for a different visa.;Applicants must provide evidence of their continue...

Q
How long does bankruptcy last in Australia?

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Bankruptcy usually lasts for three years and one day from the date it is declared.;In some cases, the bankruptcy period can be extended up to eight years if the trustee determines misconduct.

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