Foreign property ownership laws are managed under the Foreign Acquisitions and Takeovers Act, which requires foreign investors to seek approval for purchasing residential real estate and other significant assets in…
Regulations for historic and protected properties are governed by state heritage laws, which protect sites of historical significance. Owners must comply with restrictions on alterations and are encouraged to preserve…
Mortgage financing and lending regulations are governed by the National Consumer Credit Protection Act 2009, which ensures responsible lending practices and consumer protections in mortgage transactions.
Recent changes in real estate laws and compliance include reforms to improve consumer protections, such as stricter requirements for property disclosures and measures to combat unlicensed property sales practices.
International real estate investments are impacted by foreign investment laws, particularly the Foreign Acquisitions and Takeovers Act 1975, which requires foreign investors to obtain approval for certain property acquisitions.
