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Renovating a property can add value, and many property investors are keen to create their own opportunities to add value to their portfolio.
This is generally referred to as Torrens Title
The exact name of this title can vary slightly between states but should give an indication that there are some conditions on ownership. It can apply to both residential and commercial properties, either standing singly or grouped under the one roof.
This style of ownership originated almost a century ago but may still be present in some areas.
This method of holding property is utilised over government properties in rural areas. The large cattle or wheat properties for example, are under long-term or perpetual lease.
There are many types of very good retirement villages offering different types of tenure. They can be either leasehold, strata, community ownership or other. It is advisable that you seek legal advice before entering into a contract.
It is an agreement between a landowner (vendor) and a developer/person. The two types of Options are listed below.
A “put” option is an option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time, this is the opposite of a “call” option, which gives the holder the right to buy shares.
A “call” option is a financial contract between two parties, the buyer and the seller of this type of option. The buyer of the call option has the right, but not the obligation, to buy an agreed quantity of a particular commodity or financial instrument from the seller of the option at a certain time (the expiration date) for a certain price. The seller (or "writer") is obligated to sell the commodity or financial instrument to the buyer if the buyer so decides and buyer pays a fee (called a premium) for this right.