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Do I need to find a Solicitor before I sign a Contract?

Do I need to find a Solicitor before I sign a Contract?

In most conveyancing matters, the first time a solicitor sees a Contract is after it has been entered into and fully signed. So should you find a lawyer first? In today’s fast pace society and through fear of missing out on a purchase or losing a sale, you can often feel pressured into signing a Contract before your Solicitor has had a chance to review it. In some cases, the…

Just bought a House? What happens next?

Just bought a House? What happens next?

Once you have a Contract, signed by both the seller and the buyer, one of the first things you should do is contact an experienced property conveyancing Solicitor. The conveyancing process in Queensland can be a complicated process and runs on a strict timeline. For example, under the standard REIQ Contract, as soon as the Contract is signed and dated you only have until 5:00pm the very next business day…

The Seller’s Conveyancing Checklist Made Simple

The Seller’s Conveyancing Checklist Made Simple

Selling your home? Here are some important things to remember to get you through the process without breaking a sweat. Stage 1. Contract of Sale Often your real estate agent will prepare the contract of sale using a standard template. Whilst it is tempting to just sign on the dotted line remember that it can be costly (and may not always be possible) if you decide to not proceed with the…

Selling your Home? Who Pays the Council Rates and Water Bill?

Selling your Home? Who Pays the Council Rates and Water Bill?

When selling your home, Buyers and Sellers often question who pays the council rates and the water bill. Solicitors will ensure adjustments are made at settlement so the council rates and water bills are paid by the appropriate party.    Council Rates When you sell your property you are required to pay council rates and levies for the period you are the owner of that property. The settlement date for…

Family DNA Profiling: The gift that keeps on giving

Family DNA Profiling: The gift that keeps on giving

With Christmas approaching, many people may be considering giving as a gift a DNA ancestry kit for family DNA profiling. These are an interesting way of undertaking research into your family history and finding out the background of where your ancestors might have come from. This is often used in association with various websites, where the results of the DNA testing can be uploaded to help trace other family members and…

Can’t afford your First Home? Flat Pack Housing FTW

Can’t afford your First Home? Flat Pack Housing FTW

Flat Pack Housing Saves Money With house prices seemingly on a "never-ending price rise", buying your first home may seem out of reach. However, buying your first home might not be as impossible as it seems.  There are companies within Australia who are now supplying “flat-pack” style housing from as little as $35,000.00. These houses are built by producing pre-fabricated panels in a factory and then installed on site. This…

Buying Off the Plan? What you need to know about the “Sunset Clause”

Conveyancing Property Law November 5, 2018

Buying Off the Plan? What you need to know about the “Sunset Clause”

Sunset Clause in a Property Contract A common approach to buying property is to enter into an Off the Plan Contract for the purchase of a unit or house that has not yet been built.  An Off the Plan Property Contract allows you to lock in a purchase price based on the current property market and settle the contract once the development is complete. In some circumstances, it may take…

It’s 8 weeks until Christmas! Will you be ready?

It’s 8 weeks until Christmas! Will you be ready?

Are you amazed how quickly Christmas seems to come around each year? It’s only 8 weeks away so will you be ready this year? Have you thought about going away for Christmas? What about those adventures you always wanted to do when you get some downtime? But wait! Have you got to get a Will or do you need to update it? If not, then it's time to get a…

What Is Vendor Finance and Is It Worth It?

Vendor Finance October 24, 2018

What Is Vendor Finance and Is It Worth It?

Many people ask us: "what is vendor finance?" Vendor finance also referred to as “seller finance”, is a term growing in popularity with finance from traditional lenders becoming increasingly more difficult to obtain in recent times. It also allows people with a less than perfect credit score to secure finance to purchase a property, whether residential or commercial. What is vendor finance? Basically, the finance is arranged between the seller and…

What is an out of court settlement and when Is Civil Litigation Necessary?

Business Law Courts Litigation October 15, 2018

What is an out of court settlement and when Is Civil Litigation Necessary?

The process of resolving a dispute between two parties through the court system is known as civil litigation. It can occur when one party wants to sue another over things like unpaid debts, the breach of a contract, negligence and a whole host of other circumstances. Ideally, you want to make the process of a civil litigation the last resort if possible, as it can be drawn out and costly.…

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