Instalment Contracts in queensland – A comprehensive Guide and reasons why they are Risky to sellers and buyers
Instalment Contracts – A Guide to Identifying them and why they are Risky
An instalment contract looks identical to a usual contract.
However, it provides more protection to buyers and greatly restricts the rights of sellers. It is important for a buyer and seller to recognise the warning signs of an instalment contract, and the potential dangers of entering into...
4 New Changes to Standard Residential Contract Conditions in Queensland – What Buyers and Sellers Need to Know
The Real Estate Institute of Queensland (REIQ) have amended their contract conditions which impact essential obligations on buyers and sellers such as
the settlement date, smoke alarms and paying a deposit electronically.
If you are a buyer or seller looking to enter into a contract for a house or unit in Queensland after 20 January 2022, you should be aware of the...
Before Purchasing Or Selling Commercial Property – Top 2 Reasons Why You Should Talk To A Lawyer
Purchasing or Selling Commercial Property? Talk to a Lawyer
Purchasing or selling commercial property is a big investment decision which you should seek advice from experienced professionals about including a solicitor, accountant and finance broker before signing a legally binding contract.
What Is Commercial Property?
A commercial property can include
an industrial...
What is an easement on Property?
What is an Easement?
An Easement is a right which gives others the eligibility to cross over or use part of your land for a specific purpose.
If a registered easement exists on the property you are purchasing then you will find it listed on the Title of the property as an encumbrance.
Common Types of Easements
There are many different types of easements including the...
Can New Zealand Citizens Purchase Property in Queensland? 5 Top Frequently Asked Questions From Home Buyers
With the minimal impacts of COVID-19 in Queensland, we are seeing an increasing number of New Zealand citizens wanting to purchase property here. If you are a New Zealand Citizen and looking at buying a property in Queensland...
What is a Put Option vs. Call Option when buying/selling property?
Put and call options are used so parties can enter into an agreement to sell or purchase real property in the future for a particular price. The agreement provides the buyer with the option to purchase the property and the seller with the option to sell the property.
Put And Call Options: Understanding Options Over Property
Put...
Negotiating Commercial And Retail Lease Agreements In The Wake Of COVID-19
Negotiating Commercial And Retail Lease Agreements In The Wake Of COVID-19
The recent COVID-19 pandemic has forced tenants and landlords alike to be more flexible with their working and financial...
COVID-19 And Special Clauses: What You Need To Know Before You Buy Or Sell
COVID-19 And Special Clauses: What You Need To Know Before You Buy Or Sell!
The COVID-19 pandemic has led to changes in the way we go about our...
3 Stages of a Property Purchase
Most people know that transferring of property ownership from one person to another is not a simple task but only a few appreciate how complicated the process of transferring the ownership title from the seller to the purchaser is.
Conveyancing is the legal process of transferring the property from the seller to the purchaser. This process will be done either by a legally licensed conveyancing...
Protections For Landlords: Retail Shop Leases And Other Commercial Leases Regulation 2020
The Retail Shop Leases and Other Commercial Leases (COVID-19 Emergency Response) Regulation 2020 is one of the latest pieces of legislation enacted as a result of the COVID-19 pandemic. This legislation was made under the COVID-19 Emergency Response Act 2020 (Qld) and Retail Shop Leases Act 1994 (Qld) with the purpose of mitigating the effect of COVID-19 on small...