Case Study: Ming Dai Family Investments

Background

Mr Ming Dai, a professional located in Shanghai, China, has been involved in Australian property investment for his family business since 2014.
He met with several property and construction lawyers when he first visited Melbourne and chose to work with Riverson Lawyers because of their diligent attitude, professionalism and strong communication skills.

Challenge

Although Mr Ming Dai had some prior experience in property investment, he wanted to ensure that he was well informed about the Australian law and foreign investment regulations. In addition, he needed confidence that the properties he would choose were optimal investments and that all Section 32 certificates would be researched thoroughly, accurately and punctually.
Mr Ming Dai required the specialised services of a company he could trust to take care of all his family matters while living in Shanghai.

Solution

The solution was to engage Riverson Lawyers as the providers of all services related to Property and Construction Law.
This includes legal advice on foreign investments, tenant lease arrangements, agent service agreements, company structure advice, tax implications, loan documents, master contract preparation for property sales, planning permit applications, construction contract preparation and subdivision applications.
Riverson Lawyers has become the trusted legal partners of Mr Ming Dai for all his family matters in Australia.

Results

Since engaging Riverson Lawyers, not only has Mr Ming Dai’s property investments for his family business flourished, he now has the total confidence to purchase Australian properties remotely.
Mr Ming Dai finds properties online and then Riverson Lawyers conducts research on his behalf. This includes checking the Section 32, meticulously reviewing and amending the contract and assisting with negotiations with the vendor.
The family business now holds the following property investments and developments in Melbourne:

  • Over ten off-the-plan acquisitions in the Melbourne CBD
  • Four vacant land acquisitions in the Western suburbs
  • Five sites for development purposes, and
  • One project consisting of five townhouses.

Riverson Lawyers provides Property Law services for all investments as well as legal assistance and advice for the construction work on development projects.
Riverson Lawyers understands the value of excellent customer service. That is why they diligently and patiently explain the law and regulations by translating the information into Chinese to aid clients’ understanding.
Riverson Lawyers exhibits professionalism, dedication and efficiency in combination with excellent communication skills, which gives Mr Ming Dai confidence and assurance in all his family investment matters.
Mr Ming Dai is extremely pleased with the work of Riverson Lawyers and strongly recommends their services to his friends and colleagues in Australia for all their Property and Construction Law needs.

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