Why You Should Formalise Family Loans with Legally Binding Agreements—Especially When Property Is Involved
In Australia, it’s not uncommon for parents to lend money to their adult children to help them purchase property. With skyrocketing house prices and a fiercely competitive real estate market, many first-home buyers rely on the “Bank of Mum and Dad” to secure their first step onto the property ladder. While such arrangements often come […]
