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What Everyone Ought To Know Before Buying a Display Home

Property Law August 7, 2018

What Everyone Ought To Know Before Buying a Display Home

Buying a display home as an investment property and leasing it back to the builder for a premium rent for the life of the display village may seem like a great investment. However, a commonly overlooked aspect of this type of transaction is whether the house is covered by the Queensland Building and Construction Commission (QBCC) Home Warranty Scheme. QBCC Home Warranty Scheme The Queensland Home Warranty Scheme is a…

I Just Bought a Property That Hasn’t Settled. Why Do I Need Property Insurance Right Away?

Conveyancing Property Law July 17, 2018

I Just Bought a Property That Hasn’t Settled. Why Do I Need Property Insurance Right Away?

Buying a new property is an exciting time, whether it’s your very first purchase or yet another in a string of purchases. Generally, a property settlement takes 30 days before you can officially take ownership of the new house or apartment, but there is one key point that often spreads confusion; particularly among first time home buyers. And that is the subject of insurance on the newly purchased property. Once…

Do I Need Estate Planning if I Don’t Own a Mansion?

Do I Need Estate Planning if I Don’t Own a Mansion?

Most of us know we need a will of some description, but when it comes to estate planning and dividing up an estate in the event of our eventual death, images of owning mansions and large packets of land and endless business entities spring to mind. Therefore we believe estate planning only applies to people who own lots of real estate. But that’s not always true. Most of us inevitably have…

What Should Buyers Look Out For In a Property Contract?

Conveyancing Property Law July 9, 2018

What Should Buyers Look Out For In a Property Contract?

Buying property is such a big purchase and commitment (one of the biggest most of us are likely to ever make) that the contract is not something you want to take lightly. It’s wise to go through it with a "fine tooth comb" and equally as wise to discuss the finer details with both your agent and a legal representative who deals in property law and conveyancing. Not only is…

Top Reasons Why You Should Setup a Company

Articles Business Law July 5, 2018

Top Reasons Why You Should Setup a Company

When you go into business, you have the options of either being a sole trader or entering into a business partnership. There is also the option of starting up a company, and in this post, we’ll look at a couple of key advantages as to why setting up a company might be the best idea. What Exactly Is a Company? When you start a company, it’s a legal entity all…

Buyer Alert! New GST Withholding Laws for Buyers and Developers of New Residential Property

Conveyancing Property Law June 27, 2018

Buyer Alert! New GST Withholding Laws for Buyers and Developers of New Residential Property

In our Previous Article ATO Property Update For GST we introduced the new set of rules affecting Buyers and Developers of new residential premises and new residential subdivisions which will be in place as of 1 July 2018. The new laws will require the General Services Tax (GST) amount payable on the purchase price of new residential premises to be withheld at settlement and paid directly to the Australian Taxation Office…

Key Points To Consider Before Franchising Your Business

Business Law June 15, 2018

Key Points To Consider Before Franchising Your Business

Franchising, when done right, can be one of the best ways to expand your business. In fact, you can even build a business empire with the franchising method. You only need to look at places like McDonald’s as a prime example of a mega-successful franchise. That being said, not every type of business is suitable for franchising. So if you’re considering franchising your business, here are a few key points…

Why A Business Lawyer Can Be Your Best Friend

Business Law June 13, 2018

Why A Business Lawyer Can Be Your Best Friend

Whether you want to start a business or are already operating one, having a Brisbane law firm you can count on could prove to be your business’s best friend. It doesn’t matter whether you’re a sole trader, a partnership or a company, every business has legalities to deal with and will often require advice and mediation from a business law specialist. Without a Plan You Plan To Fail We’re not…

Should You Use a DIY Will Kit or Hire An Attorney?

Should You Use a DIY Will Kit or Hire An Attorney?

DIY will kits are becoming increasingly more popular and many are available for purchase online. Having a will is important on many levels, particularly if you have a sizeable estate, and even people with not much in the way of material possessions and money should still have some sort of will. Do Your Own Will? Hire an Attorney? But should you attempt to transcribe your own will just to try…

First Time Buyer or Seller – How Conveyancing Works

Conveyancing Property Law June 8, 2018

First Time Buyer or Seller – How Conveyancing Works

If you’re a first time home buyer or seller, likely you’ve heard of a conveyancing solicitor, but may be unfamiliar with the exact role this legal representative plays in the process. As a buyer, you’ve likely dealt with your fair share of real estate agents, been to many open home inspections, finally found a property you like and for the right price. The seller has agreed and you can’t wait…

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