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Disclosure Statements for unit or townhouse conveyancing – is it just a whole lot of useless paperwork?
Well, it is more paperwork… but it is important! Queensland legislation requires sellers of units to disclose certain matters to buyers. The amount of disclosure that is required will depend…
Read moreSelling or buying for $750K+ – ATO Clearance certificate now required
What’s the change? Last year, the Australian Taxation office brought in new requirements for property sellers to assist with the collection of foreign resident’s tax liabilities. On 1 July 2017,…
Read moreWhy do I have to get insurance for my property before it settles?
When you sign a contract to purchase a house or unit, one of the first things your solicitor will tell you to do is - take out insurance. But what…
Read moreDo I have to pay a body corporate special levy charged on the unit I am buying?
What is a body corporate special levy? The normal body corporate levies payable by unit owners are the Administrative Fund levies for the everyday running costs of the body corporate,…
Read moreHow do I extend the date for Settlement under my Contract?
In Queensland property conveyancing, dates are crucial and essential terms of the contract. In the real world, it is very common for dates to be varied by agreement between the…
Read moreWhat is aggregated stamp duty?
If you ever buy or transfer two or more properties in one arrangement, this article is for you. Most people in the property market know of transfer duty (formerly known…
Read moreHave you lost your title deed?
What is a title deed? A title deed, most commonly known as a certificate of title, is a paper record showing the current owner and title particulars of a property.…
Read moreSellers – make sure you disclose all easements in the contract!
Sellers need to avoid giving buyers an easy “out” of the sale contract. One of the most common of these is if an encumbrance on the property, such as an…
Read moreCall Options, Put Options – What are Option Agreements?
Option Agreements, also referred to as buy/sell agreements or put and call option agreements, provide a party with the right, but not a definite obligation to buy a property or…
Read morePaying Your Deposit under a Land Contract – when, where, who, what, how?
When you are purchasing property in Queensland, there is a lot to think about! Usually, your main concern will be making sure that you can get finance approval and organise…
Read moreDo I need a Pool Safety Certificate to sell my house?
Drownings in home swimming pools are a tragic and all too common occurrence. Pool safety laws have reduced the number of drownings, and are an important factor in the sale…
Read moreWhat happens to Contract Dates over Christmas/New Year?
It is pretty normal for property lawyers to see a rush of Contracts in late November or early December, in anticipation of Christmas. Quite simply, it is very convenient to…
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