Luxury Real Estate for Sale Around the World

At the forefront of luxury real estate marketing, the proud the recipients of two awards from the esteemed Who’s Who in Luxury Real Estate The World’s Most Outstanding Luxury Agency Under 2 Years Old (Outstanding Rookie 2008) and Best Luxury Real Estate Brand (2009), Marquette Turner Luxury Homes is the home for your property search including luxury homes, resorts, developments, apartments, condos, villas, mansions, penthouses and islands throughout the world.

We focus on assisting high-net-worth individuals to achieve the most appropriate exposure in marketing their luxury properties via the luxury lifestyle magazine-style website and in assisting aspirational investors find their ideal property.

We have forged partnerships with developers, real estate agents and vendors throughout the world and are proud to present to you an exceptional showcase luxury homes for sale or rent throughout the world.

Friday, September 28, 2007

Improving security during Open for Inspections

Improving security during Open for Inspections

Whether your home is for sale or for lease; whether you are an owner or a tenant, there is always an uncomfortable feeling during open homes that strangers are being allowed into your home and have almost free reign amongst your belongings.

Marquette Turner has introduced a policy that all guests to open homes are required to show some form of photo ID. We believe this provides greater security and peace of mind for all involved. And judging by the response from prospective purchasers that have experienced this policy thus far, they whole-heartedly agree what a sensible idea it is, fully aware how they would feel if it was their home people were viewing.

Know the limits when buying strata-title properties

Shane McNally from Australian Property Investor writes: Around Australia, commonsense plays a major role in defining common and private property but the experts urge investors to take nothing for granted. Understanding your rights and obligations, they say, could prevent a lot of heartache and expense at a later stage.

The states and territories vary in their strata-title laws and what is the rule of thumb in one state may not be the case in another. We’ve asked the various experts to explain.
New South Wales

Wally Patterson from Dynamic Property Services advises buyers to study the registered strata plan. He says common property is any area of land or a building not included in a specific lot and that boundaries are generally formed by the upper surface of the floor, under surface of the ceiling and external boundary walls including doors and windows.

“The owners’ corporation looks after the common property including all repairs, unless agreed by a special resolution,” he adds. “This includes replacing and renewing common property.”
Patterson says floors including ramps and stairways, external walls, wiring and pipes servicing more than one lot, the slab dividing two storeys and even balcony doors could and often do constitute common property.

In Victoria, when a plan of subdivision is registered, designated common or shared property is created and a body corporate is deemed to exist. Institute of Body Corporate Managers president Andrew Dawson says the balance of property on the plan of subdivision is generally private property plus easements.

“So as to determine private or common property, an apartment owner makes reference to the relative plan of subdivision which is always in the contract of sale,” he adds. “The plan of subdivision clearly defines private lots and common boundaries.”

New South Wales Investment Property Boost

Investing in the residential property market in NSW could become a more attractive prospect following a review currently being conducted into the state’s Residential Tenancy Act.
A change that would make it easier for landlords to evict tenants who are behind in their rent payments is perhaps the most controversial of more than 100 recommendations contained in a discussion paper on laws governing tenants released by NSW Fair Trading Minister Linda Burney.

A focus of the review into residential tenancy is to reduce the level of red tape faced by landlords and real estate agents, particularly through the consolidation of separate laws dealing with the rights of landlords and tenants and those dealing with rental bonds.

Although the proposal to make it easier to evict tenants who have not paid their rent favours landlords, other proposals favour tenants – particularly one suggestion allowing tenants who face eviction by a mortgagee taking possession of their home to hold back two weeks rent to compensate them for relocation costs. From Smart Company, Monday, 24 September 2007; Mike Preston