If you’re a club or other organisation incorporated under the Incorporated Societies Act 1908, you’ll need to re-register under the new 2022 Act to remain an incorporated society. If you’re feeling a little stressed about it all and want some guidance, just give us a call.
Buying a house with family or friends can be a great way of getting yourself on to the property ladder. Co-ownership or shared ownership is becoming increasingly common and can give each person a distinct share in the property that you couldn’t otherwise afford on your own. Choose the person/people wisely though and it’s critical that you get a property sharing agreement drawn up.
Until the proposed bright-line changes are passed into law, our advice to you is get legal advice before you put your property on the market, so you don’t get caught out.