Our Blog
At fc lawyers we’re strong believers in giving back, we believe that we need to take an active role in the greater community to help create a better world for not just us, but everyone. Scroll down and see how we are continually engaging in the community to make a true difference.
Special Conditions and certainty – not so straight forward
I often see people assuming that conveyancing contracts are all standard and everything will work out fine. It is only when things go wrong and everyone is running for the…
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Foreign buyers look out – From 1 October 2016 you will pay a big increase to Transfer Duty
The Queensland Treasurer has announced that from 1 October 2016, foreign buyers will pay substantial additional transfer duty for purchases of residential real estate in Queensland. The increase is 3%…
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HELP – I’m buying property, what do I need to look for in my Contract?
Buying property or selling property is a big commitment, and getting a Contract from an agent can be daunting. However, worries usually stem from not knowing what to look out…
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First Home Buyers in Australia – Increase to the First Home Owner’s Grant
The new ‘Queensland First Home Owner’s Grant’ has increased from $15,000.00 to $20,000.00 for a limited time. This is great news for all First Home Buyers looking to purchase property…
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Contracts subject to Finance – what do I need to do?
A finance condition is the most common condition in contracts for the sale and purchase of land, whether residential or commercial. However, the finance condition is also the condition that…
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Settlements – taking the hassle out of the big day
Buying a property, whether as your home or as an investment, is exciting times. However as settlement gets closer, clients often start wondering – what do they need to do?…
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Due Diligence – making sure that you are happy!
A due diligence clause is a not-so-common clause that buyer’s sometimes request to be put in a contract. They come in many and varied forms. However, they are not well…
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Building and Pest Conditions – what do I need to look out for?
A building and pest special condition is a very common condition in contracts for a house, unit or commercial property. Particularly if the property or unit is not brand new.…
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SMSF Alert – Related party transactions and payroll tax grouping
Key points of this article A recent Queensland Supreme Court decision means that self-managed superannuation funds (“SMSFs”) with related party dealings can potentially be grouped for payroll tax purposes. This has…
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Contracts by email – when do pre-contract negotiations become a binding deal?
I am often asked about property contracts which are entered into by email. Are they valid? Must they be followed with a “real” paper contract? Are my emails going to…
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What Buyers and Sellers need to know about terminating in the Cooling-Off Period
Under residential land and house or unit contracts, buyers are entitled to a cooling-off period under the Property Occupations Act 2014. The right to terminate under cooling-off is not new,…
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Unfair Dismissal is no child’s play
At Kirralee Kindergarten, a teacher was dismissed after children escaped from the kindergarten. The teacher made an unfair dismissal application and the Fair Work Commission found that the dismissal was…
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