Real Estate

Lifestyle Communities has lost its appeal after a tribunal found that exit fees charged to departing residents were void, with an appeals court saying a tenant must be able to calculate how much they will be charged. 

Property listings giant Domain plans to attack the validity of a Deloitte report which was used to support competitor REA Group’s claim that it attracts the buyer for 9 in 10 homes sold, a court has heard.

A Dentons client that paid $45 million for an 82-hectare Denham Court property that was only worth $10.8 million, in what a judge called a "brazen fraud", has sued the law firm for professional negligence.

EY has claimed a provision of the tax law prevents it from handing over the client file of a property developer who alleges a former partner breached fiduciary duties, but the developer says there is no reason to withhold the documents.

Property listings giant Domain plans to attack the validity of a Deloitte report used to support competitor REA Group’s claim that it attracts the buyer for nine in 10 homes sold, a court has heard.

Gold Coast Council has brought a High Court case over a decision that found the city must consider the provision of affordable housing in assessing an application by developer Cielo Group for a luxury beachfront highrise.

A former director of property developer Villawood has argued a judge should disqualify himself from hearing a contempt case after finding he gave false instructions to his Mills Oakley solicitor.

The co-owners of a property in the Adelaide CBD have lost their appeal of a tribunal decision that increased the site's value from $5.4 million to $6.9 million.

The financial crimes regulator has called on banks to take action to address "systemic" weaknesses in the lending sector after it identified widespread mortgage fraud.

A group of shareholders is pushing Commonwealth Bank to take steps to outline how its financing will become deforestation-free, claiming the bank's disclosures have not captured deforestation risks.