SUNSET CLAUSE BUYERS SHOULD BE WEARY – ARE YOU BUYING OFF THE PLAN IN QUEENSLAND?
Off the plan contracts have a potentially fatal flaw with the use of a sunset clause. While a sunset clause provides the benefit of setting a deadline for when the property must be built by, it can and has been exploited by developers to terminate contracts and proceed with a higher offer price. With the overly competitive property...
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...
HomeBuilder Scheme 2020
The Federal Government recently announced the HomeBuilder scheme in an effort to boost Australia’s limping construction sector by providing eligible applicants $25,000 to put towards building a new home or the renovation of an existing one. The scheme is a tax-free grant and is estimated to directly support 140,000 jobs across the country.
Eligibility Criteria
To apply, you must meet...