Deed of Recission or amend the contract?
The question of whether a Deed of Rescission is required in QLD really is an extension of whether an amendment to the contract, if made, could be seen to be a transfer of an interest. An example of where a Deed of Rescission would be required would be where a buyer, following advice from an […]
Choosing the correct ownership structure when purchasing!
Choosing the correct ownership structure when purchasing a property is extremely important to consider prior to signing a contract. The purchasing entity can be an individual or a company. This may be in its own right, or as the trustee of a Trust (such as a Family Trust) or Self-Managed Super Fund. We strongly recommend […]
What is an Easement?
An easement is an interest in land to allow the use of the land in a particular manner. The land over which the easement is granted is called the ‘burdened lot’, is noted on the title of the property and runs with the ownership of the lot. In effect, this restricts the use of the […]
Importance of Disclosure Statements when Selling a Unit
When you are Selling or assisting with the Sale of a Unit, it is very important to ensure that the contract is completed on a Contract for Residential Lots in a Community Titles Scheme. A Seller is required to provide a signed Disclosure Statement to the Buyer which can be obtained from the Body Corporate […]
Are you selling your property for $750,000 or above?
The Australian Tax Office requires all sellers to provide the Buyer with a certificate in respect of (foreign residents) Capital Gains Tax. Failure to provide this clearance certificate (prior to settlement) will require the buyer to pay 12.5% of the purchase price to the ATO. This payment may have flow on effects and the process […]
Are you wanting to transfer your property?
Property transfers do not always need to include a Contract of sale, in fact it is usually uncommon for one to completed when the parties are related. If all parties are in agreement, the exchange of all or part of the property can be done by a solicitor on behalf of all parties. There are […]
The Victorian Conveyancing Process
The conveyancing process in Victoria can sound confusing, but it’s quite simple to navigate with the right information. Here’s everything you need to know about the process, from start to finish, so you can understand the steps we take to get you into your new home. Conveyancing is the legal process of transferring ownership of […]
Buying a Property in Queensland
Conveyancing is the complete process of transferring land ownership from one person to another under the provisions of a contract for the sale of land. To understand the buying journey and how conveyancing works, it is important to know that each Australian state has its very own set of regulations when it comes to the […]
Cheap Conveyancing To Get Your Property Transferred Quickly
When buying a property, the chances are your budget is already tight. The good news is that there is no need to break the bank on your solicitor fees. Cheap conveyancing can get the job done promptly and efficiently. Good advice is to be on the lookout for the company that offers the lowest fixed […]
How To Choose The Best Conveyancing Services
These days, it is possible to find out how to do many things for yourself by doing a quick internet search. However, some tasks are best left to the professionals, and conveyancing services are one. So, suppose you are in the process of buying a property in Queensland. In that case, you will require the […]
