Legal
Disclaimer & Limitations
Please take note of the following important information before relying on anything on this website.
Important Notice
Who We Are, and What We Don’t Do
properT network are not financial planners or accountants and are in no way providing professional advice as financial planners or accountants. All information we share comes from industry reports and expertise, to be verified by your accountant or financial planner.
Our role is to understand your requirements and provide you with a selection of property which might ‘best fit’ what you are looking for. Your role is to undertake your own due diligence and seek legal, accounting or financial planning advice from one of our preferred providers or your own.
Please also read our Privacy Policy.
Disclaimer
Disclaimer & Limitations
No recommendation or guarantee
properT network is not providing any recommendation, representation or guarantee in any way whatever concerning the property or concerning any possible return of capital or interest should you determine to contract with the vendor of the property. While properT network has carried out limited investigations and inquiries concerning the property, we make NO representation as to the accuracy or completeness of those investigations.
No warranty or liability for your purchase
properT network makes no warranty or representation and assumes no responsibility or liability in respect of your reservation, or in any way if you determine to purchase the property. You are strongly advised to make your own enquiries, investigations and assessment concerning the project and the risks and benefits of purchasing the property from the vendor.
You should obtain your own independent legal, accounting and financial advice concerning purchasing an apartment or property from the vendor of the project before signing any contract with the vendor of the property.
General information only
Any information you may receive about the property is of a general nature and NOT tailored to your individual financial, taxation or personal circumstances (including any figures and/or financials shared with you prior to signing the contract of sale).
Because each individual’s personal circumstances are different, information provided by us cannot be construed as advice for your particular circumstances; we share our ideas and recommendations, which are to be used as a guide only.
Not a financial planning organisation
properT network is not a registered financial planning organisation and is in no way offering financial advice. Information gleaned from our website should not be regarded as a substitute for professional advice (financial, real estate, investment, legal, accounting etc.).
We enjoy working as part of the existing financial plan you have had drafted with your financial planner and/or accountant. We help you diversify your investment vehicle to help you achieve different results, presenting a selection of properties that we identify as opportunities that may help you move closer to your financial goals in the current economic climate, and walking you through the decision-making process supporting your choice.
How we are remunerated
properT network are not vendors and represent the investor / purchaser at all times. We do not have any interests in the properties we represent and are remunerated by the developer or by the company representing the developer.
We enjoy open and honest communications from us to you, and we expect you to honour this privilege by sharing honest and open communications with us at all times.
Accuracy of information
We believe that all information contained on our website is up to date and accurate in its presentation; however, no warranty is made as to the accuracy and/or reliability of the information contained herein.
properT network disclaims all liability and responsibility for any direct or indirect loss or damage which may occur or be suffered by any recipient through relying on anything contained in and/or omitted from this website or any of our other websites.
Risk
Risks of Investing in Property
Direct investment in residential property, like all investments, involves a number of risks. If these eventuate, your income might be lower than expected — there may even be none. In addition, the capital value of your investment could fall. The key risks include:
- The property purchased may not provide the income or capital gains the asset was expected to produce.
- Your property may for periods of time lie vacant and hence not generate income.
- Maintenance and repair costs are the investor’s responsibility and can at times be significant. Such costs are sometimes recoverable from rental bonds or under insurance policies.
- Factors affecting the general property market include increases in supply and falls in demand; the cyclical nature of property values; increases in taxes and operating expenses; overall economic conditions; demographic changes; changes in town planning laws; casualty and condemnation losses; environmental risks; regulation of rents; detrimental new developments in the area; increases in interest rates, inflation and changes to bank funding policies.
- Gearing increases the volatility in the value of your investment. In the early stages of residential investment, a significant fall in the property’s value may see balances fall to less than the total amount of borrowings. Increases in interest rates often increase the cost of borrowings.
- Changes in laws or their interpretation, including taxation, superannuation and corporate regulatory laws, practice and policy, could have an impact on your investment.
- You should seek professional tax advice before investing in residential property.
Working Together
A Personal, One-on-One Approach
After reading our disclaimer, we prefer to work on a personal, one-on-one basis with you — firstly understanding your objectives, followed by clarification and education, then helping you identify a suitable selection of what we determine are ‘best fit’ opportunities that meet the investment strategy you share with us.
Enjoy your visit to our website. You might also choose to visit our sister sites for information pertinent to the Australian property investment market: Investment Property Melbourne, Investment Property Queensland, SMSF Investment Property, Co-Living, NDIS Property and Downsizing for Retirement.
Thank you for visiting with us, and for taking the time to read through the necessary legal side of business. We look forward to a long and mutually beneficial relationship.
Questions?
Talk to Us Before You Decide
If anything here is unclear, contact properT network and we’ll walk you through it.
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