The Northern Territory news Wed 22 Feb 2012
The Northern Territory news; NewspaperNT
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Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin
Nationwide News Pty. Limited
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Nationwide News Pty. Limited
32 NT NEWS. Wednesday, February 22, 2012. www.ntnews.com.au P U B : N T N E W S D A T E : 2 2 -F E B -2 0 1 2 P A G E : 3 2 C O L O R : C M Y K Business REVIEW NT MARCH FEATURES N :\ H o u se A d s - M a rk e ti n g\ N TB R H o u se A d s\ N TB R _ p o in te r_ w k 3 2 Territory Proud Development in the NT Mining the Territory Cabling & Communications Interested in running a feature on your own business? Monthly Property Pages Our regular property pages give advertisers a platform to promote new and existing properties and projects. Real Estate-specific, it produces an environment to educate readers on market conditions and enhance opportunities for advertisers. Contact Leigh today to find out how your business can benefi t from this environment. Phone: LEIGH MATHEWS on 8944 9826 Email: email@example.com For further details or to receive a feature flyer please contact AMANDA YOUELL on 8944 9931 Email: firstname.lastname@example.org The NT Business Review is inserted into the Northern Territory News on the second Thursday of every month and also mailed to a list of companies interstate. Take advantage of NTBRs month-long shelf life and editorial opportunites while reaching 52,000 readers* in the Northern Territory. Advertisers are welcome to send in editorial submissions for the editors consideration also. Booking & Material Deadlines: Wednesday, February 29th Publication Date: Thursday, March 8th each month Be part of our or eachhhhh montheach month Special Advertising Features Neighbourhood disputes over issues such as fences or overhanging trees can sour any prospective property sale Steps to avoid a suburban battle Dont let it get too personal you are moving away after all. Think rationally, seek advice from the right sources and avoid escalating the dispute By ANDREWWINTER NEIGHBOUR disputes! Unfortunately wherever you live the city, the burbs, even on an acreage those oncelovely neighbours of yours, with whom you once shared a Sunday barbie and moaned about the state of modern Australia, can become people to avoid, people to loathe or people with whom you become locked in a protracted legal battle. As very upsetting as this can be, many learn to live with this situation, nothing ever gets resolved and life just carries on. But this delicate ceasefire can be relit in less time than it would take your six-year-old to unwrap a present. When is it most common for this situation to happen? In my experience, its as soon as one of the feuding parties decides it is time to sell. The For Sale board goes up in the garden, the home is in the local property supplement or the more determined warring faction may only need the hint of an agents car outside your home to hit speed dial to their lawyer with the following instructions to pursue the matter, whatever the cost. OK, I do exaggerate, but a recent sale I have been involved with is experiencing this very same phenomenon. The seller has lived in the home for 11 years, and the neighbour claims some guttering is overhanging on their side. In fact, it has been for more than 20 years, but recent changes to the selling home have annoyed the neighbour all minor issues but the situation just wound them up, so they sought their revenge. As soon as this dispute is brought into the mix, the seller must notify agents, lawyers and potential buyers of this newly generated dispute. The purpose of the neighbours action often appears to be purely to annoy and inconvenience the selling neighbour. So what should you do if you are in dispute with a neighbour or it suddenly becomes an issue when you go the market? No matter what state you reside in, it is always best to assume you have an obligation to inform agents/buyers lawyers of any dispute. Dont be scared do this right from the start of the sale process. Not all buyers will see this as a serious issue, although that will obviously depend on the scale of the dispute. Most disputes tend to involve physical issues such as fencing positions, overhanging trees, driveways and access issues, possibly extensions, aspects and so on. Although your instinct is to order 10 pizzas a day for delivery to their address or perhaps to buy a bus and park outside their house or encourage your teenagers to have a few parties while you go out quite obviously, you cannot afford to lose all your senses. Dont let it get too personal you are moving away, after all. Think rationally, seek advice from the right sources and avoid escalating the dispute. First, analyse the actual cost of rectifying the complaint. Thats much cheaper than getting into a legal battle. Yes, it can be annoying to be sensible but, lets face it, its the last thing your dear neighbour thinks you will do. The way to best resolve the scenario is to inform all parties that the sellers agree to pay for the changes the neighbour requires. This can be done either by simply having the work done or by giving a financial allowance to the buyer. Its obviously not ideal, but they will sell and the neighbour will have the wind taken right of their sales. So be upfront, seek advice and dont panic. You may not feel like the winner, but if your sale settles you have clearly won. o Andrew Winter is a real estate expert and host of Selling Houses Australia on The LifeStyle Channel.
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