I have been trying to research on buying property is Adelaide and to tell you the truth, I have no clue about buying any relaestate. Is there any place/ website where I can find more on Australian laws on land/apartment/house, insurance, phrases used on real estate etc?
Just to give you guys an idea, I would like to know if I buy an apartment, do I get a share on the land that it is built? How many years can someone expect to live in the same apartment? Is there any insurance covered for apartment if it is destroyed by earthquake/ fire?
If someone have a house on a big land (i.e. 600 sqm), can he split that land and sell half? What is the difference between townhouse, unit etc?
I am willing to learn all the details but cannot find the right place. Any idea or help? Plz..