The fear of missing out on a deal and concerns about 'timing' the market may result in a Seller rushing to sign a Contract without considering the consequences. The right of a Buyer to change their … [Read more...] about Seller’s Remorse…
Conveyancing
Co-Ownership Considerations
To battle the rise in cost of living, interest when you separate rates and property prices, we are seeing an increase in parents, siblings and friends pooling their funds together to purchase their … [Read more...] about Co-Ownership Considerations
The Other Certainty in Life …
We look at whether you need an ATO Clearance Certificate when selling property. The answer is yes, if: you are selling real estate over $750,000; and you don’t want 12.5% of the sale price … [Read more...] about The Other Certainty in Life …
Changes to Home Guarantee Scheme – what this means for you.
The Australian Government has announced that it intends to expand the eligibility criteria of the Home Guarantee scheme. The scheme was initially introduced to support the affordability of first … [Read more...] about Changes to Home Guarantee Scheme – what this means for you.
Buyer (no longer) Beware?!
Major changes are coming relating to the sale of property in Queensland. One significant change is that the old principle of “Buyer Beware” will largely no longer apply. There will soon be … [Read more...] about Buyer (no longer) Beware?!
Smoke alarm compliance and electrical safety
All residential properties being sold in Queensland need to have compliant smoke alarms installed by settlement. The compliance standard is contained in regulations. Smoke alarms must be … [Read more...] about Smoke alarm compliance and electrical safety
E-Conveyancing Mandate – what you need to know…
On 20 February 2023, the use of e-Conveyancing was mandated in Queensland. This means that all sales and purchases of residential land (and certain other matters) must occur online. Apart from … [Read more...] about E-Conveyancing Mandate – what you need to know…
Changes To Residential Contracts In Queensland – What Buyers And Sellers Need To Know
Amendments to the conditions of standard Residential Contracts in Queensland mean that all Sellers and Buyers have the choice to extend the Settlement Date for up to 5 business days. To trigger … [Read more...] about Changes To Residential Contracts In Queensland – What Buyers And Sellers Need To Know
Don’t Clause a Problem over Christmas!!
Buying and Selling property over Christmas can be both an exciting and challenging time with parties often wanting to settle Contracts as soon as possible. It is important to carefully consider how … [Read more...] about Don’t Clause a Problem over Christmas!!
The alarming truth on smoke alarms
Where the is smoke there is fire When selling property it is important to understand a Seller’s disclosure obligations with regard to safety switches and smoke alarms. Question Does a Seller need … [Read more...] about The alarming truth on smoke alarms