In this episode of Her Property Portfolio, Megan explores essential property terms and jargon, focusing on real-world applications to empower listeners in their property decisions. The discussion covers the concept of Council Valuation (CV), its calculation, and its implications for property buyers. Megan also delves into different types of property titles, including freehold, cross lease, and unit titles, explaining their ownership structures and responsibilities. The episode concludes with the importance of title searches and LIM reports, emphasising the need for thorough research and legal advice when navigating the property market.
