Level: Essential
CLE Units: 2
Important information about video podcasts
CLE video podcasts allow practitioners to listen and watch CLEs online. Follow the instructions below to purchase a video podcast. IMMEDIATELY after your purchase online, the podcast is transferred into your personal My CLE Library, available to view on your computer at your convenience. To find your My CLE Library, look for the orange icon in the Law Society SHOP or click on eshop.lawsociety.com.au/myclelibrary. To read more about how to view and purchase CLE video podcasts, including computer and Internet requirements, click here. |
Speakers
Denis Barlin, Partner, SBN Lawyers
Michael Bennett, Lawyer, SBN Lawyers
Summary
This video podcast covers the essential points that must be considered before engaging in the acquisition and development of land, including:
- An overview of the process of partitioning.
- Income tax, CGT and GST considerations when partitioning.
- Stamp duty implications, including a comparison of the NSW and QLD provisions.
- Dealing with financiers and security arrangements.
- Body corporate and common property issues.
- Structuring issues, documentation requirements (including deeds of partition) and timing consequences.
- Structuring the Property Development.
- The importance of the Revenue Account/Capital Account distinction.
- Determining whether it is a gain on Revenue Account/Capital Account.
- Structures used in property development.
CLE requirements
If this particular video podcast is relevant to your immediate or long term needs in relation to your professional development and practice of the law, then you should claim one "unit” for each hour of viewing.
Private study of video / audio / DVD equates to 1 MCLE (CPD) unit per hour to a maximum of 5 MCLE (CPD) units.
For more information visit the Law Society website.
To purchase
To pay online with your credit card click the ADD TO CART button below and proceed to CHECK OUT. To receive the Law Society member discount make sure you are logged in with your username and password.
