I Wish Every Property Investor Could Watch This (Property Law Expert) | Richie Muir
Buying property in Australia? Don’t sign that contract until you hear this.
One small legal mistake when purchasing a property can cost you tens of thousands of dollars in stamp duty, capital gains tax, costly legal consequences, or lost deposits.
In this episode, we sit down with national property law expert, Richie Muir (Legal Director of Lawlab).
Together, we break down the most common legal mistakes property investors and home buyers make - and how to avoid them.
If you're buying interstate, purchasing through an SMSF, investing in Queensland, or signing contracts in a hot market, this conversation could save you serious money.
Whether you're a first-time buyer or seasoned investor, you’ll discover:
✅The biggest legal mistakes buyers make before signing a contract
✅Why ownership structure must be decided before you purchase
✅Stamp duty traps and how changing entities can trigger extra costs
✅SMSF property purchases
✅Why WA and QLD have historically been considered “buyer beware” markets
✅Illegal building works and council approval risks
✅When title insurance is worth considering
✅Due diligence clauses… and why agents sometimes push back
✅Digital conveyancing, PEXA settlements, SMSF property purchases, and more
Key moments:
00:00:00 Intro
00:01:00 Meet Richie from Law Lab
00:02:00 How Law Lab became a national firm
00:04:20 What makes Law Lab different
00:07:00 Common legal mistakes buyers make
00:08:40 Entity structure and tax traps
00:13:20 Legal differences across Australian states
00:15:00 Queensland's disclosure laws
00:20:20 Red flags in titles and due diligence
00:26:40 Tech transforming property conveyancing
00:31:20 Rise of SMSF property purchases
00:34:40 One piece of advice before signing
NOTE: The contents of this podcast are for entertainment and educational purposes only. Always seek personalised advice from an accredited and reputable legal professional.
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✅Connect with Richie from Lawlab✅
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✅About Ripehouse Advisory✅
Through their innovative ‘done for you’ property investment system, Ripehouse Advisory simplifies the investment process - enabling investors to build a property portfolio that generates substantial returns.
With a focus on long-term relationships, personalised strategies, and thorough research, Ripehouse Advisory empowers investors to create a financial legacy that can be passed on to future generations.