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Advanced property law refers to the more specialized and intricate aspects of property law that deal with more complex and nuanced issues and transactions. This might include issues such as property development, land use and zoning, property tax and trusts, commercial leasing and licenses, and more.
In Victoria, Australia, advanced property law is governed by a combination of common law, equity, and statutes such as the Planning and Environment Act 1987 (Vic), the Land Tax Act 2005 (Vic) and the Trustee Act 1958 (Vic)
The Planning and Environment Act 1987 (Vic) provides a framework for the regulation of land use and development in Victoria, including the rules for the planning and development of land, the rights and obligations of property owners, and the regulation of land use and zoning.
The Land Tax Act 2005 (Vic) governs the property tax in Victoria, including the rules for the assessment and collection of land tax, the exemptions and concessions available, and the rights and obligations of property owners in relation to land tax.
The Trustee Act 1958 (Vic) governs the rules for the creation, operation and termination of trusts, which are a legal instrument that allows property to be held and managed by one or more trustees for the benefit of one or more beneficiaries.