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Conveyancing

Why CTS Disclosure Statements are essential

Tuesday, February 04, 2020

When it comes to selling a lot in a community title scheme, whether it be existing or proposed, disclosure statements are essential. But what happens if a disclosure statement is not provided? Can a disclosure statement be signed after the contract is executed?
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Meth-screening for landlords, property managers and buyers

Friday, November 08, 2019

When purchasing a home, pre-purchase building and pest inspections are the norm for diligent buyers. What is usually not considered is whether the property is contaminated by illicit substances. According to the drug-testing company Meth Screen, approximately 35% of Queensland properties test positive for illicit drug contamination.
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Five percent deposits are almost a reality for first home buyers

Thursday, October 31, 2019

The Federal Parliament recently passed the National Housing Finance Corporation Amendment Bill 2019 (Cth). The amendment establishes the framework for the First Home Buyer’s Loan Deposit Scheme, as it permits the National Housing Finance and Investment Corporation (“NHFIC”) to issue guarantees.
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Drone Laws- What you should know before buying and flying drones

Tuesday, October 15, 2019

When it comes to selling a home, real estate agents are increasingly turning to aerial drone photography. The benefits range from providing buyers with a better view of the surrounding area (ex. schools, shops) to clearly presenting the size of the property. Picking up a drone has also become cheaper; they can cost as little as $400.00. However, agents should be aware that rules apply.
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Paper certificates of title are now obsolete in Queensland

Friday, October 11, 2019

The days of obtaining paper certificates of title in Queensland have come to an end. As of 1 October 2019, paper certificates will no longer be considered instruments which have legal effect under the recent amendments to the Land Titles Act 1994 (Qld).
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Agents, Their Duties And Secret Commissions

Wednesday, September 04, 2019

When we hear the word agent our first thoughts are of real estate agents. However, an agent in a legal sense actually covers an expansive range of relationships between a person or company (an agent) and another (referred to as a principal) who has undertaken to serve their best interests.
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Tips For Choosing A Conveyancer

Friday, July 26, 2019

Choosing a conveyancer is an important step when selling or purchasing property. Conveyancers play a critical role as they conduct various searches and checks, prepare legal documents, and arrange settlement.
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Abandonment of Land

Friday, July 26, 2019

Have you ever considered what happens when someone abandons a property? Imagine a scenario where someone with good legal title to a property decides to walk away and not return.
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Why should you hire a law firm to manage your conveyance?

Monday, July 15, 2019

Conveyancing is the legal process of transferring ownership of a land’s legal title from one person to another. What is a conveyancer? What should my conveyancer be able to do? What are the benefits of hiring a law firm to help? Conveyancing firms vs law firms. How do we charge?
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Goods left on premises

Tuesday, July 09, 2019

When a tenancy comes to an end and goods (not including money or personal documents) are left on the premises, the person who was the landlord or property manager may sell the goods or dispose of them .....
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What can you do about overhanging trees? - Common Neighbour Disputes

Wednesday, July 03, 2019

One of the most common causes of disputes between neighbours are trees. What is a tree? Who is responsible for the tree? Can I access my neighbour’s property to cut and remove overhanging branches from my tree? What are my rights as a neighbour? What can you do if a tree is affecting you?
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New smoke alarm legislation

Friday, January 04, 2019

The new legislation specifies that all Queensland dwellings will be required to have interconnected photoelectric smoke alarms in all bedrooms, in hallways that connect bedrooms with the rest of the dwelling and on every level.
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Taxes on Foreign Property Investors

Tuesday, November 13, 2018

Taxes on Foreign Property Investors: a summary for estate agents A raft of tax legislation changes in recent years by the Queensland Government has meant that foreign property investors are at a disadvantage with regards to purchasing residential land in Queensland. These measures have been criticised in the property industry for their negative impact on investment in Queensland property and, as a result, their effect on Queensland’s economy.
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Queensland’s New Combustible Cladding Requirements

Wednesday, November 07, 2018

The Building and Other Legislation (Cladding) Amendment Regulation 2018 came into effect in Queensland on October 1 2018 with the aim of identifying and rectifying buildings with combustible cladding. The legislation was drafted in response to the Grenfell Tower fire in London last year
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Instalment Contracts in Queensland (Real Estate Advice) from a QLD Law Firm

Tuesday, September 11, 2018

An instalment contract is a sale of land contract whereby the property is payed for in instalments across time. The title of the property does not transfer to the purchaser until the final instalment is paid. This type of contract differs from a typical sale of land contract which generally consists of a refundable deposit of up to 10% of the purchase price and the remainder of the purchase price being paid at settlement.
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The Importance and Effects of Special Conditions in a Contract of Sale

Tuesday, August 28, 2018

The unique circumstances of each a sale of land means that often the buyer and purchaser of land will require the general terms of the contract to be altered. Special conditions can be inserted to affect any aspect of the sale. It is therefore important to ensure that all special conditions are drafted carefully so that they accurately reflect the parties’ intentions. Typically, a special condition will be implemented for the benefit of one party in particular so it is essential that the other parties, including real estate agents, are diligent in checking the effect of any special conditions.
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Treasury Laws Amendment Act – GST Withholding Obligation for New Residential

Wednesday, July 25, 2018

Treasury Laws Amendment Act – GST Withholding Obligation for New Residential Property rom July 1 2018, purchasers of “new residential premises” and certain subdivisions of “potential residential land” are now required to withhold one eleventh of the sale price (or 7% where the margin scheme applies) from the vendor and remit this directly to the ATO.
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Real Estate Industry Award Amendment Summary

Wednesday, May 02, 2018

While the Fair Work Commission’s amendments to the Award will produce more clarity in employee classification and fairer employment terms for employees in commission-only contracts, employees and employers alike must take extra caution in drafting their contracts to ensure they adhere to the more stringent requirements. Your existing employment/contractor structures and pro forma material may need to be reviewed to ensure compliance.
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