Potential Legal Pitfalls in Conveyancing – What Can Go Wrong

When choosing a legal firm for your conveyancing needs, it’s important to understand the potential risks involved in transferring property ownership. While some firms may present conveyancing as a straightforward administrative task, they often overlook the significant risks that can arise during a property purchase. Below, we’ve outlined key examples of What Can Go Wrong,...

IMPORTANT INFORMATION FOR ALL SELLERS AND LESSORS

New Capital Gains Withholding Requirements from 1 January 2025 Navigating the Australian property market can be complex, especially with recent changes to the Foreign Resident Capital Gains Tax withholding rules. Starting 1 January 2025, all sellers and lessors must be aware of the new requirements regarding withholding clearance certificates. Key Modifications to the FRCGW Requirements...

Dangers Of Low-cost Conveyancing Services

Conveyancing has become very competitive when it comes to conveyancing fees being charged by property law firms and conveyancers. Reducing the price of conveyancing can be very risky to clients. The conveyancing process is a complex road to navigate for clients and your interest both legally and professional should always be considered first at all...

The Importance Of Have Your Contract Reviewed Before Signing

Buying a home is the largest financial investment an individual makes. it’s a big-ticket investment and it’s essential to understand what you’re entering into. Contract Review Buying a property can be expensive and it is natural to want to cut corners and save as much money as possible on the peripheral services and fees, but...

When Do I File for Divorce?

In Australia, divorce is provided for under the “no-fault divorce” principle, where you do not have to give specific grounds for obtaining a divorce from your partner. Actually, the only ground for divorce is an irretrievable breakdown of marriage, to be established usually in circumstances where the spouses have been separated for not less than...

Understanding a Seller’s Body Corporate Disclosure Obligations

Understanding a Seller’s Body Corporate Disclosure Obligations & The Role of Body Corporates In Community Title Schemes – Queensland   In Queensland, it is a legal requirement for a Seller to provide full disclosure regarding body corporate information to the Buyer before entering into a contract for the sale of an existing or proposed  lot...

Selling a Property in 2023 – Changes, Challenges, & More!

Big Changes Coming with the Property Law Bill 2023   The Property Law Bill 2023 has been passed by QLD Parliament and will be replacing the current Property Law Act 1974. The Bill is introducing new laws and regulations that will affect property buyers and sellers in QLD. The biggest change coming for QLD property...

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