Legal
Disclaimer & Privacy
Please take a moment to read the legal side of our business.
Disclaimer and Limitations
Important notice. Please read our Privacy Policy and the disclaimer and limitations below.
properT network, on behalf of Downsizing for Retirement, 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 and should 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.
properT network is not providing any recommendation, representation or guarantee in any way whatsoever concerning the property or concerning any possible return of capital or interest should you decide to contract with the vendor of the property. While properT network has carried out limited investigations and inquiries concerning the property, properT network makes no representation as to the accuracy or completeness of those investigations.
properT network makes no warranty or representation and assumes no responsibility or liability in respect of your reservation or in any way if you decide 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 before signing any contract with the vendor of the property.
Any information you receive about a property is of a general nature and not tailored to your individual financial, taxation or personal circumstances, including any figures or financials shared with you before signing the contract of sale.
properT network is not a registered financial planning organisation and in no way offers financial advice. Information on our website should not be regarded as a substitute for professional advice (financial, real estate, investment, legal, accounting or otherwise). We enjoy working as part of the financial plan drafted with your financial planner or accountant.
properT network are not vendors and represent the investor or 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 value open and honest communication and ask the same of you.
Because each person’s circumstances are different, information provided by properT network cannot be construed as advice for your particular circumstances; our ideas and recommendations are to be used as a guide only.
We believe the information on this website is up to date and accurate, but no warranty is made as to its accuracy or reliability. properT network disclaims all liability and responsibility for any direct or indirect loss or damage which may be suffered by any recipient through relying on anything contained in or omitted from www.downsizingforretirement.com.au or any of our other sites.
Risks of Investing in Property
Direct investment in residential property, like all investments, involves risk. If these risks eventuate, your income might be lower than expected, or there may be none, and the capital value of your investment could fall. The key risks include:
- The property may not provide the income or capital gains it was expected to produce.
- The property may lie vacant for periods and generate no income.
- Maintenance and repair costs are the owner’s responsibility and can at times be significant. Some costs may be recoverable from rental bonds or insurance.
- The property market is affected by supply and demand, the cyclical nature of values, taxes and operating expenses, economic conditions, demographic change, town planning changes, casualty and condemnation losses, environmental risks, rent regulation, new developments nearby, interest rates, inflation and bank funding policies.
- Gearing increases volatility. A significant fall in value may leave the property worth less than the amount borrowed, and rising interest rates increase borrowing costs.
- Changes in laws or their interpretation, including taxation, superannuation and corporate regulation, could affect your investment. Seek professional tax advice before investing.
Downsizing, superannuation, Centrelink and equity release decisions carry their own risks and rules. Seek advice from a licensed financial adviser, accountant or credit adviser before acting.
Thank You
We prefer to work one on one: first understanding your objectives, then explaining your options, then helping you identify what best fits your strategy.
You may also like to visit our sister sites for information on the Australian property market: properT network, Investment Property Melbourne, Investment Property Queensland, SMSF Investment Property and Co-Living Property.
Thank you for visiting and for taking the time to read the legal side of our business.
One Network. Nationwide Reach.
Part Of The properT network Family
Downsizing for Retirement is one specialist site within the properT network group: the same independent advisory approach, applied across states and property types.