New rules when you sell your homes if you are not in Australia
Dear friends and readers,
Welcome to my first blog for 2012. 2011 was a busy year and I hope that I will have more time to blog in 2012. Today is the 2nd last day of the Chinese Lunar New Year 15 day celebrations. It is the year of the Dragon. The Chinese celebrate the Chinese New Year for 15 days and tomorrow is the last day of the celebrations.
Unfortunately, this year, I was unable to celebrate the new year as I lost my mother in law on 14 Jan 2012. She had had a long battle with cancer and eventually succumb peacefully to meet her Lord. Chinese tradition dictates that we are to mourn her passing for 50 days. Hence, no lion dance, no yee sang and no new year dinners for us.
Coming back to the law. What is new? Well, there were 2 cases of property scams last year. 2 owners of properties had their homes sold under their feet while overseas. How did they lose their homes?