Our Blog
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Call 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…
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Paying 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…
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Do 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…
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What 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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Transfer Duty Exemptions – Do I pay duty if I transfer property to my spouse?
As a general rule, transfer duty (formerly known as stamp duty), is payable on all property transfers in Queensland. However, there are various concessions and exemptions that are available in…
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Settlement figures and adjustments
Buyers can often become confused when they receive settlement figures or a settlement statement in the lead up to settlement. It is common for buyers to misread the settlement figures…
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Can I change the Buyer on my Contract after it’s been signed?
What do I do if I am buying, and I want to change the person(s) or entities listed as buyer in the Contract? If you enter into a Contract of…
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When do I need Foreign Investment Review Board (FIRB) Approval?
I often have people come to me from near and far and from all different walks of life. They are often looking to live and work in Australia, or just…
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Purchasing Property as Joint Tenants or Tenants in Common – what is the difference?
I often get blank faces when I ask clients whether they are purchasing their property as joint tenants or tenants in common. However, you cannot avoid this question if you…
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Retail Shop Lease Landlords and Tenants – Changes coming from 25 November
A business’s lease is often crucial to the success of the business. For landlords, compliance with retail lease legislation is important for the validity of the lease and therefore the…
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Save $’000s in Transfer Duty – Claim the Home Concession or First Home Concession
What is transfer duty? Transfer duty, formerly known as stamp duty, is a state government tax payable on most transactions related to property. It is calculated based on the purchase…
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Trustee Resolutions – Tips and Traps
The trustee of a trust or superannuation fund must document certain decisions. This obligation arises under their trust or superannuation fund deed, or because of trust, superannuation or tax legislation.…
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