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 obligations on a Seller to make comprehensive disclosure to a Buyer of matters...Read More
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 interconnected, in every bedroom and hallway in the property. Failure to install...Read More
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 limited exceptions, the days of meeting in person and passing documents and...Read More
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 this right, the notice must be given in the approved form, in writing and...Read More
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 this time of year impacts on the parties’ rights under the Contract....Read More
