Even as the capital cities are witnessing robust capital growth, rental yields are declining in various neighbourhoods stretched across them. Landlords then are on an overdrive to minimise vacancy rates. Among other things, they are not afraid of offering the lease incentive bait to the prospective tenants.
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Defining Easement And What It May Mean For Your Property
You can debate over easement to your heart’s content. Is it not inherent in us to read something like an easement as a trespass? However, there are laws in the country which are meant to support easement and this is the way it remains then.
Before I talk any further on the subject, let me define easement for you. In strictly legal terms, it is the right of a person to enjoy your real property without being the actual owner of it.
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What Happens On The Settlement Date Of A Property
The settlement date of a property holds great significance for both the buyer and the seller. It marks the last hurdle before a property is successfully passed over from the vendor (seller) to the vendee (buyer). While the presence of the buyer is not a prerequisite by any standards, the day cannot be deemed as complete without the involvement of conveyancers, legal representatives and lenders.
Once the process of settlement is amicably through, you won’t find any difficulty in collecting the key to your new property. So let us once look at how the settlement occurs.
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